PPP Loan information for Conventional carpet inc

$384,257

Conventional carpet inc was initially approved for PPP Loan of amount $384,257, the current approved amount is $384,257. The loan was approved on 01/31/2021 by The PNC Bank, National Association reported 25 jobs and $384,257 was used to fund payroll.

Conventional carpet inc is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Conventional carpet inc

CONVENTIONAL CARPET INC

Date Approved

01/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CONVENTIONAL CARPET INC

Borrower Address

7155 19 Mile Rd

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48314-3215

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

384257.00

Current Approval Amount

384257.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48314-3215

CD

MI-10

Jobs Reported

25

NAICS Code

238330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

384253.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

388740.00

Forgiveness Date

03/31/2022

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