PPP Loan information for Maddox industrial transformer, llc

$446,600

Maddox industrial transformer, llc was initially approved for PPP Loan of amount $446,600, the current approved amount is $446,600. The loan was approved on 06/19/2020 by The Truist Bank reported 36 jobs and $446,600 was used to fund payroll.

Maddox industrial transformer, llc is Existing or more than 2 years old

MADDOX INDUSTRIAL TRANSFORMER, LLC

Date Approved

06/19/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MADDOX INDUSTRIAL TRANSFORMER, LLC

Borrower Address

303B Greer Dr

Borrower City

Simpsonville

Borrower State

SC

Borrower Zip

29681

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

446600.00

Current Approval Amount

446600.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIMPSONVILLE

Project County Name

GREENVILLE

Project State

SC

Project Zip

29681-6116

CD

SC-04

Jobs Reported

36

NAICS Code

335311

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

446600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

452517.45

Forgiveness Date

10/20/2021

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