PPP Loan information for Multicell packaging inc

$486,400

Multicell packaging inc was initially approved for PPP Loan of amount $486,400, the current approved amount is $486,400. The loan was approved on 04/10/2020 by The Truist Bank reported 44 jobs and $486,400 was used to fund payroll.

Multicell packaging inc is Existing or more than 2 years old

MULTICELL PACKAGING INC

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MULTICELL PACKAGING INC

Borrower Address

191 Victor Street

Borrower City

LAWRENCEVILLE

Borrower State

GA

Borrower Zip

30046-4985

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

486400.00

Current Approval Amount

486400.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

LAWRENCEVILLE

Project County Name

GWINNETT

Project State

GA

Project Zip

30046-4985

CD

GA-07

Jobs Reported

44

NAICS Code

322211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

486400.00

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

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

490466.84

Forgiveness Date

02/17/2021

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