PPP Loan information for Nance carpet and rug inc

$995,000

Nance carpet and rug inc was initially approved for PPP Loan of amount $995,000, the current approved amount is $995,000. The loan was approved on 04/08/2020 by The Truist Bank reported 177 jobs and $995,000 was used to fund payroll.

Nance carpet and rug inc is Existing or more than 2 years old

PPP Loan Search / GA / CALHOUN / Nance carpet and rug inc

NANCE CARPET AND RUG INC

Date Approved

04/08/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

NANCE CARPET AND RUG INC

Borrower Address

201 Nance Road

Borrower City

CALHOUN

Borrower State

GA

Borrower Zip

30701

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

995000.00

Current Approval Amount

995000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CALHOUN

Project County Name

GORDON

Project State

GA

Project Zip

30701-1000

CD

GA-14

Jobs Reported

177

NAICS Code

314110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

995000.00

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

1001218.75

Forgiveness Date

11/30/2020

;