PPP Loan information for Commercial business systems inc

$515,255

Commercial business systems inc was initially approved for PPP Loan of amount $515,254, the current approved amount is $515,255. The loan was approved on 04/27/2020 by The Truist Bank reported 32 jobs and $515,255 was used to fund payroll.

Commercial business systems inc is Existing or more than 2 years old

PPP Loan Search / NC / GOLDSBORO / Commercial business systems inc

COMMERCIAL BUSINESS SYSTEMS INC

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

COMMERCIAL BUSINESS SYSTEMS INC

Borrower Address

105 E WALNUT ST

Borrower City

GOLDSBORO

Borrower State

NC

Borrower Zip

27530-3648

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

515254.00

Current Approval Amount

515254.79

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GOLDSBORO

Project County Name

WAYNE

Project State

NC

Project Zip

27530-3648

CD

NC-13

Jobs Reported

32

NAICS Code

518210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

515254.79

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

520579.09

Forgiveness Date

05/24/2021

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