PPP Loan information for Construct, inc.

$450,000

Construct, inc. was initially approved for PPP Loan of amount $450,000, the current approved amount is $450,000. The loan was approved on 04/10/2020 by The First Bank reported 37 jobs and $450,000 was used to fund payroll.

Construct, inc. is Existing or more than 2 years old

CONSTRUCT, INC.

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CONSTRUCT, INC.

Borrower Address

1514 Cargill Avenue

Borrower City

WILSON

Borrower State

NC

Borrower Zip

27893

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

450000.00

Current Approval Amount

450000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILSON

Project County Name

WILSON

Project State

NC

Project Zip

27893-0001

CD

NC-01

Jobs Reported

37

NAICS Code

332111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

28000.00

Payroll Proceed

337500.00

Mortgage Interest Proceed

0.00

Rent Proceed

49500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

452564.38

Forgiveness Date

11/05/2020

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