PPP Loan information for Carolina time equipment co inc

$770,012

Carolina time equipment co inc was initially approved for PPP Loan of amount $770,012, the current approved amount is $770,012. The loan was approved on 03/03/2021 by The First Horizon Bank reported 69 jobs and $770,012 was used to fund payroll.

Carolina time equipment co inc is Existing or more than 2 years old

PPP Loan Search / NC / Charlotte / Carolina time equipment co inc

CAROLINA TIME EQUIPMENT CO INC

Date Approved

03/03/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CAROLINA TIME EQUIPMENT CO INC

Borrower Address

1801 Norland Rd

Borrower City

Charlotte

Borrower State

NC

Borrower Zip

28205-5707

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

770012.00

Current Approval Amount

770012.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Charlotte

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28205-5707

CD

NC-14

Jobs Reported

69

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

770007.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

778204.07

Forgiveness Date

03/29/2022

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