PPP Loan information for Laurens tool inc

$197,000

Laurens tool inc was initially approved for PPP Loan of amount $197,000, the current approved amount is $197,000. The loan was approved on 04/29/2020 by The First-Citizens Bank & Trust Company reported 15 jobs and $197,000 was used to fund payroll.

Laurens tool inc is New Business or 2 years or less

PPP Loan Search / SC / LAURENS / Laurens tool inc

LAURENS TOOL INC

Date Approved

04/29/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

LAURENS TOOL INC

Borrower Address

408 TEMPLETON RD

Borrower City

LAURENS

Borrower State

SC

Borrower Zip

29360

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197000.00

Current Approval Amount

197000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LAURENS

Project County Name

LAURENS

Project State

SC

Project Zip

29360-0001

CD

SC-03

Jobs Reported

15

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

197000.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198624.58

Forgiveness Date

03/02/2021

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