PPP Loan information for It people corporation

$1,710,393

It people corporation was initially approved for PPP Loan of amount $1,710,393, the current approved amount is $1,710,393. The loan was approved on 04/08/2020 by The First Horizon Bank reported 106 jobs and $1,710,393 was used to fund payroll.

It people corporation is Existing or more than 2 years old

PPP Loan Search / NC / MORRISVILLE / It people corporation

IT PEOPLE CORPORATION

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

IT PEOPLE CORPORATION

Borrower Address

1 COPLEY PKWY Suite 216

Borrower City

MORRISVILLE

Borrower State

NC

Borrower Zip

27560-7423

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

1710393.00

Current Approval Amount

1710393.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORRISVILLE

Project County Name

WAKE

Project State

NC

Project Zip

27560-7423

CD

NC-02

Jobs Reported

106

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

1640393.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

1733578.33

Forgiveness Date

08/30/2021

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