PPP Loan information for Polyzen inc

$1,115,900

Polyzen inc was initially approved for PPP Loan of amount $1,115,900, the current approved amount is $1,115,900. The loan was approved on 04/14/2020 by The TowneBank reported 94 jobs and $1,115,900 was used to fund payroll.

Polyzen inc is Existing or more than 2 years old

POLYZEN INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

POLYZEN INC

Borrower Address

1041 Classic Road

Borrower City

APEX

Borrower State

NC

Borrower Zip

27539

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1115900.00

Current Approval Amount

1115900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

APEX

Project County Name

WAKE

Project State

NC

Project Zip

27539-3000

CD

NC-13

Jobs Reported

94

NAICS Code

339112

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1115900.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1125292.16

Forgiveness Date

02/25/2021

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