PPP Loan information for Mortensen woodwork inc

$2,000,000

Mortensen woodwork inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/12/2021 by The Truist Bank reported 149 jobs and $2,000,000 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

03/12/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

MORTENSEN WOODWORK INC

Borrower Address

4920 Baker St

Borrower City

Union City

Borrower State

GA

Borrower Zip

30291-1984

Loan Status Date

12/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

149

NAICS Code

337212

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

2034555.56

Forgiveness Date

12/01/2022

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