PPP Loan information for Parameter generation

$441,500

Parameter generation was initially approved for PPP Loan of amount $441,500, the current approved amount is $441,500. The loan was approved on 04/11/2020 by The Truist Bank reported 43 jobs and $441,500 was used to fund payroll.

Parameter generation is Existing or more than 2 years old

PPP Loan Search / NC / BLACK MOUNTAIN / Parameter generation

PARAMETER GENERATION

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PARAMETER GENERATION

Borrower Address

1054 OLD US HWY 70 W

Borrower City

BLACK MOUNTAIN

Borrower State

NC

Borrower Zip

28711-2518

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

441500.00

Current Approval Amount

441500.00

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

Existing or more than 2 years old

Project City

BLACK MOUNTAIN

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28711-2518

CD

NC-11

Jobs Reported

43

NAICS Code

334512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

441500.00

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

446712.15

Forgiveness Date

06/24/2021

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