PPP Loan information for Polymer technologies inc

$124,900

Polymer technologies inc was initially approved for PPP Loan of amount $124,900, the current approved amount is $124,900. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 24 jobs and $124,900 was used to fund payroll.

Polymer technologies inc is New Business or 2 years or less

POLYMER TECHNOLOGIES INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

POLYMER TECHNOLOGIES INC

Borrower Address

140 School Drive

Borrower City

Raeford

Borrower State

NC

Borrower Zip

28376

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124900.00

Current Approval Amount

124900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Raeford

Project County Name

HOKE

Project State

NC

Project Zip

28376-0001

CD

NC-09

Jobs Reported

24

NAICS Code

325998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124900.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126001.86

Forgiveness Date

03/23/2021

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