PPP Loan information for Folk's cleaners inc

$87,000

Folk's cleaners inc was initially approved for PPP Loan of amount $87,000, the current approved amount is $87,000. The loan was approved on 06/15/2020 by The Truist Bank reported 26 jobs and $87,000 was used to fund payroll.

Folk's cleaners inc is Existing or more than 2 years old

PPP Loan Search / NC / Shelby / Folk's cleaners inc

FOLK'S CLEANERS INC

Date Approved

06/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FOLK'S CLEANERS INC

Borrower Address

1207 East Marion St

Borrower City

Shelby

Borrower State

NC

Borrower Zip

28150

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87000.00

Current Approval Amount

87000.00

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

Shelby

Project County Name

CLEVELAND

Project State

NC

Project Zip

28150-0001

CD

NC-10

Jobs Reported

26

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87654.92

Forgiveness Date

03/25/2021

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