PPP Loan information for Decoart, inc

$1,552,700

Decoart, inc was initially approved for PPP Loan of amount $1,138,900, the current approved amount is $1,552,700. The loan was approved on 04/08/2020 by The Truist Bank reported 151 jobs and $1,552,700 was used to fund payroll.

Decoart, inc is Existing or more than 2 years old

PPP Loan Search / KY / STANFORD / Decoart, inc

DECOART, INC

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

DECOART, INC

Borrower Address

49 COTTON AVE

Borrower City

STANFORD

Borrower State

KY

Borrower Zip

40484-1050

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1138900.00

Current Approval Amount

1552700.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STANFORD

Project County Name

LINCOLN

Project State

KY

Project Zip

40484-1050

CD

KY-05

Jobs Reported

151

NAICS Code

325510

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1552700.00

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

1551741.94

Forgiveness Date

11/19/2020

;