PPP Loan information for Imet alloys inc

$667,332

Imet alloys inc was initially approved for PPP Loan of amount $667,332, the current approved amount is $667,332. The loan was approved on 02/20/2021 by The First Horizon Bank reported 65 jobs and $667,332 was used to fund payroll.

Imet alloys inc is Existing or more than 2 years old

PPP Loan Search / NC / Monroe / Imet alloys inc

IMET ALLOYS INC

Date Approved

02/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

IMET ALLOYS INC

Borrower Address

3000 Stitt St Ste 150

Borrower City

Monroe

Borrower State

NC

Borrower Zip

28110-3916

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

667332.00

Current Approval Amount

667332.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Monroe

Project County Name

UNION

Project State

NC

Project Zip

28110-3916

CD

NC-08

Jobs Reported

65

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

667328.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

674264.84

Forgiveness Date

03/08/2022

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