PPP Loan information for Michael bates inc.

$66,196

Michael bates inc. was initially approved for PPP Loan of amount $66,196, the current approved amount is $66,196. The loan was approved on 03/31/2021 by The Truist Bank reported 12 jobs and $66,196 was used to fund payroll.

Michael bates inc. is Existing or more than 2 years old

MICHAEL BATES INC.

Date Approved

03/31/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MICHAEL BATES INC.

Borrower Address

12744 Jefferson Davis Hwy

Borrower City

Chester

Borrower State

VA

Borrower Zip

23831-5308

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

66195.50

Current Approval Amount

66195.50

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

Chester

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23831-5308

CD

VA-04

Jobs Reported

12

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

66193.50

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

66820.68

Forgiveness Date

03/08/2022

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