PPP Loan information for Commercecx inc

$384,400

Commercecx inc was initially approved for PPP Loan of amount $384,400, the current approved amount is $384,400. The loan was approved on 04/07/2020 by The TowneBank reported 22 jobs and $384,400 was used to fund payroll.

Commercecx inc is Existing or more than 2 years old

COMMERCECX INC

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

COMMERCECX INC

Borrower Address

150 Cornerstone Drive

Borrower City

CARY

Borrower State

NC

Borrower Zip

27519-8453

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

384400.00

Current Approval Amount

384400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

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

27519-8453

CD

NC-02

Jobs Reported

22

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

384400.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

388959.41

Forgiveness Date

06/15/2021

;