PPP Loan information for Paper converters, inc.

$178,272

Paper converters, inc. was initially approved for PPP Loan of amount $178,272, the current approved amount is $178,272. The loan was approved on 04/13/2020 by The Bank of the Lowcountry reported 28 jobs and $178,272 was used to fund payroll.

Paper converters, inc. is New Business or 2 years or less

PAPER CONVERTERS, INC.

Date Approved

04/13/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PAPER CONVERTERS, INC.

Borrower Address

1298 THUNDERBOLT DR

Borrower City

WALTERBORO

Borrower State

SC

Borrower Zip

29488-9361

Loan Status Date

06/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178272.00

Current Approval Amount

178272.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112666

Servicing Lender Name

Bank of the Lowcountry

Servicing Lender Address

1100 N Jefferies Blvd

Servicing Lender City

WALTERBORO

Servicing Lender State

SC

Servicing Lender Zip

29488-2730

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WALTERBORO

Project County Name

COLLETON

Project State

SC

Project Zip

29488-9361

CD

SC-06

Jobs Reported

28

NAICS Code

322220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

178272.00

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

112666

Originating Lender

Bank of the Lowcountry

Originating Lender City

WALTERBORO

Originating Lender State

SC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179762.55

Forgiveness Date

02/16/2021

;