PPP Loan information for Piedmont pipe construction inc

$658,500

Piedmont pipe construction inc was initially approved for PPP Loan of amount $658,500, the current approved amount is $658,500. The loan was approved on 04/04/2020 by The Peoples Bank reported 55 jobs and $658,500 was used to fund payroll.

Piedmont pipe construction inc is Existing or more than 2 years old

PIEDMONT PIPE CONSTRUCTION INC

Date Approved

04/04/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PIEDMONT PIPE CONSTRUCTION INC

Borrower Address

7907 Commerce Drive

Borrower City

DENVER

Borrower State

NC

Borrower Zip

28037-9112

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

658500.00

Current Approval Amount

658500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DENVER

Project County Name

LINCOLN

Project State

NC

Project Zip

28037-9112

CD

NC-10

Jobs Reported

55

NAICS Code

238390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

615458.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

43042.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

662633.92

Forgiveness Date

11/27/2020

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