PPP Loan information for Mustang grading inc

$28,780

Mustang grading inc was initially approved for PPP Loan of amount $28,781, the current approved amount is $28,780. The loan was approved on 04/30/2020 by The Truist Bank reported 8 jobs and $28,780 was used to fund payroll.

Mustang grading inc is New Business or 2 years or less

MUSTANG GRADING INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MUSTANG GRADING INC

Borrower Address

7624 Oakview Lane

Borrower City

Stanley

Borrower State

NC

Borrower Zip

28164

Loan Status Date

02/24/2021

Loan Status

Charged Off

Term

3

SBA Guaranty Percentage

100

Initial Approval Amount

28781.00

Current Approval Amount

28780.00

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

N

Business Age Description

New Business or 2 years or less

Project City

Stanley

Project County Name

GASTON

Project State

NC

Project Zip

28164-0001

CD

NC-10

Jobs Reported

8

NAICS Code

484230

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

28780.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;