PPP Loan information for Imperial machine co inc

$259,626

Imperial machine co inc was initially approved for PPP Loan of amount $259,626, the current approved amount is $259,626. The loan was approved on 02/24/2021 by The Truist Bank reported 25 jobs and $259,626 was used to fund payroll.

Imperial machine co inc is Existing or more than 2 years old

PPP Loan Search / NC / Gastonia / Imperial machine co inc

IMPERIAL MACHINE CO INC

Date Approved

02/24/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

IMPERIAL MACHINE CO INC

Borrower Address

4429 Kings Mountain Hwy

Borrower City

Gastonia

Borrower State

NC

Borrower Zip

28052

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

259626.00

Current Approval Amount

259626.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gastonia

Project County Name

GASTON

Project State

NC

Project Zip

28052

CD

NC-05

Jobs Reported

25

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

259625.00

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

262539.58

Forgiveness Date

04/14/2022

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