PPP Loan information for Label printing systems, inc.

$276,700

Label printing systems, inc. was initially approved for PPP Loan of amount $276,700, the current approved amount is $276,700. The loan was approved on 04/13/2020 by The First Bank reported 28 jobs and $276,700 was used to fund payroll.

Label printing systems, inc. is Existing or more than 2 years old

LABEL PRINTING SYSTEMS, INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LABEL PRINTING SYSTEMS, INC.

Borrower Address

3937 WESTPOINT BLVD

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27103-6721

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

276700.00

Current Approval Amount

276700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27103-6721

CD

NC-05

Jobs Reported

28

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

276700.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

279820.56

Forgiveness Date

06/02/2021

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