PPP Loan information for Mortensen woodwork, inc.

$2,048,200

Mortensen woodwork, inc. was initially approved for PPP Loan of amount $2,048,200, the current approved amount is $2,048,200. The loan was approved on 04/08/2020 by The Truist Bank reported 125 jobs and $2,048,200 was used to fund payroll.

Mortensen woodwork, inc. is Existing or more than 2 years old

PPP Loan Search / GA / UNION CITY / Mortensen woodwork, inc.

MORTENSEN WOODWORK, INC.

Date Approved

04/08/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MORTENSEN WOODWORK, INC.

Borrower Address

4920 BAKER ST

Borrower City

UNION CITY

Borrower State

GA

Borrower Zip

30291-1984

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2048200.00

Current Approval Amount

2048200.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

UNION CITY

Project County Name

FULTON

Project State

GA

Project Zip

30291-1984

CD

GA-13

Jobs Reported

125

NAICS Code

337212

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2048200.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2074485.23

Forgiveness Date

07/29/2021

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