PPP Loan information for Cross technology inc

$367,900

Cross technology inc was initially approved for PPP Loan of amount $367,900, the current approved amount is $367,900. The loan was approved on 04/29/2020 by The Bank of Oak Ridge reported 48 jobs and $367,900 was used to fund payroll.

Cross technology inc is Existing or more than 2 years old

PPP Loan Search / NC / Winston Salem / Cross technology inc

CROSS TECHNOLOGY INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CROSS TECHNOLOGY INC

Borrower Address

305 Junia St

Borrower City

Winston Salem

Borrower State

NC

Borrower Zip

27127

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

367900.00

Current Approval Amount

367900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124488

Servicing Lender Name

Bank of Oak Ridge

Servicing Lender Address

2211 Oak Ridge Rd

Servicing Lender City

OAK RIDGE

Servicing Lender State

NC

Servicing Lender Zip

27310-9619

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Winston Salem

Project County Name

FORSYTH

Project State

NC

Project Zip

27127-1000

CD

NC-05

Jobs Reported

48

NAICS Code

326199

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

367900.00

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

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

372059.31

Forgiveness Date

06/16/2021

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