PPP Loan information for Microthermics inc

$411,378

Microthermics inc was initially approved for PPP Loan of amount $411,378, the current approved amount is $411,378. The loan was approved on 02/18/2021 by The Pinnacle Bank reported 34 jobs and $411,378 was used to fund payroll.

Microthermics inc is Existing or more than 2 years old

PPP Loan Search / NC / Raleigh / Microthermics inc

MICROTHERMICS INC

Date Approved

02/18/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MICROTHERMICS INC

Borrower Address

3216 Wellington Ct Ste 102

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27615-4122

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

411377.50

Current Approval Amount

411377.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Raleigh

Project County Name

WAKE

Project State

NC

Project Zip

27615-4122

CD

NC-02

Jobs Reported

34

NAICS Code

423490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

411373.50

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

Sole Proprietorship

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

413394.94

Forgiveness Date

08/18/2021

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