PPP Loan information for Color wheel inc.

$49,952

Color wheel inc. was initially approved for PPP Loan of amount $49,952, the current approved amount is $49,952. The loan was approved on 02/26/2021 by The Truist Bank reported 8 jobs and $49,952 was used to fund payroll.

Color wheel inc. is Existing or more than 2 years old

PPP Loan Search / GA / Decatur / Color wheel inc.

COLOR WHEEL INC.

Date Approved

02/26/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

COLOR WHEEL INC.

Borrower Address

508 E Howard Ave

Borrower City

Decatur

Borrower State

GA

Borrower Zip

30030-1903

Loan Status Date

06/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49952.00

Current Approval Amount

49952.00

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

Decatur

Project County Name

DEKALB

Project State

GA

Project Zip

30030-1903

CD

GA-05

Jobs Reported

8

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49950.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22112.92

Forgiveness Date

05/06/2022

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