PPP Loan information for Low country right tool inc

$6,989

Low country right tool inc was initially approved for PPP Loan of amount $40,500, the current approved amount is $6,989. The loan was approved on 05/15/2020 by The Truist Bank reported 1 jobs and $6,989 was used to fund payroll.

Low country right tool inc is New Business or 2 years or less

LOW COUNTRY RIGHT TOOL INC

Date Approved

05/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

LOW COUNTRY RIGHT TOOL INC

Borrower Address

243 cooper run rd

Borrower City

OKATIE

Borrower State

SC

Borrower Zip

29909-7865

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40500.00

Current Approval Amount

6988.75

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OKATIE

Project County Name

BEAUFORT

Project State

SC

Project Zip

29909-7865

CD

SC-06

Jobs Reported

1

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6988.75

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7053.01

Forgiveness Date

04/15/2021

;