PPP Loan information for Debotech incorporated

$828,900

Debotech incorporated was initially approved for PPP Loan of amount $828,913, the current approved amount is $828,900. The loan was approved on 04/10/2020 by The Truist Bank reported 68 jobs and $828,900 was used to fund payroll.

Debotech incorporated is Existing or more than 2 years old

DEBOTECH INCORPORATED

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DEBOTECH INCORPORATED

Borrower Address

112 DEER COVE LN

Borrower City

TROUTMAN

Borrower State

NC

Borrower Zip

28166-8812

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

828912.50

Current Approval Amount

828900.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TROUTMAN

Project County Name

IREDELL

Project State

NC

Project Zip

28166-8812

CD

NC-10

Jobs Reported

68

NAICS Code

335991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

828900.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

837603.45

Forgiveness Date

05/06/2021

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