PPP Loan information for Colonial imports corp

$2,703,900

Colonial imports corp was initially approved for PPP Loan of amount $2,703,900, the current approved amount is $2,703,900. The loan was approved on 04/10/2020 by The Truist Bank reported 224 jobs and $2,703,900 was used to fund payroll.

Colonial imports corp is Existing or more than 2 years old

PPP Loan Search / NH / NASHUA / Colonial imports corp

COLONIAL IMPORTS CORP

Date Approved

04/10/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

COLONIAL IMPORTS CORP

Borrower Address

10 MARMON DR

Borrower City

NASHUA

Borrower State

NH

Borrower Zip

03060-5204

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2703900.00

Current Approval Amount

2703900.00

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

NASHUA

Project County Name

HILLSBOROUGH

Project State

NH

Project Zip

03060-5204

CD

NH-02

Jobs Reported

224

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2703900.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2743331.88

Forgiveness Date

09/29/2021

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