PPP Loan information for Metalforming inc

$484,585

Metalforming inc was initially approved for PPP Loan of amount $484,585, the current approved amount is $484,585. The loan was approved on 04/09/2020 by The Truist Bank reported 47 jobs and $484,585 was used to fund payroll.

Metalforming inc is Existing or more than 2 years old

METALFORMING INC

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

METALFORMING INC

Borrower Address

30269 INTERNATIONAL DR

Borrower City

PEACHTREE CITY

Borrower State

GA

Borrower Zip

30269-1909

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

484585.00

Current Approval Amount

484585.00

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

PEACHTREE CITY

Project County Name

FAYETTE

Project State

GA

Project Zip

30269-1909

CD

GA-03

Jobs Reported

47

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

484585.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

489215.48

Forgiveness Date

04/08/2021

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