PPP Loan information for Cate associates inc.

$245,715

Cate associates inc. was initially approved for PPP Loan of amount $245,715, the current approved amount is $245,715. The loan was approved on 02/20/2021 by The Truist Bank reported 24 jobs and $245,715 was used to fund payroll.

Cate associates inc. is Existing or more than 2 years old

CATE ASSOCIATES INC.

Date Approved

02/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CATE ASSOCIATES INC.

Borrower Address

202 N Dixon Ave

Borrower City

Cary

Borrower State

NC

Borrower Zip

27513-4424

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

245715.20

Current Approval Amount

245715.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cary

Project County Name

WAKE

Project State

NC

Project Zip

27513-4424

CD

NC-02

Jobs Reported

24

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

245715.20

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

246807.27

Forgiveness Date

08/04/2021

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