PPP Loan information for National coatings, inc.

$2,000,000

National coatings, 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 02/13/2021 by The Dogwood State Bank reported 103 jobs and $2,000,000 was used to fund payroll.

National coatings, inc. is Existing or more than 2 years old

PPP Loan Search / NC / Raleigh / National coatings, inc.

NATIONAL COATINGS, INC.

Date Approved

02/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

NATIONAL COATINGS, INC.

Borrower Address

5115 New Bern Ave Ste 110

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27610-1429

Loan Status Date

05/04/2023

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

233057

Servicing Lender Name

Dogwood State Bank

Servicing Lender Address

5401 Six Forks Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-4462

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Raleigh

Project County Name

WAKE

Project State

NC

Project Zip

27610-1429

CD

NC-02

Jobs Reported

103

NAICS Code

238320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

233057

Originating Lender

Dogwood State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2044055.56

Forgiveness Date

04/21/2023

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