PPP Loan information for Porter scientific, inc.

$45,941

Porter scientific, inc. was initially approved for PPP Loan of amount $45,941, the current approved amount is $45,941. The loan was approved on 04/13/2020 by The Lumbee Guaranty Bank reported 7 jobs and $45,941 was used to fund payroll.

Porter scientific, inc. is Existing or more than 2 years old

PORTER SCIENTIFIC, INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PORTER SCIENTIFIC, INC.

Borrower Address

719 Old Main Rd

Borrower City

PEMBROKE

Borrower State

NC

Borrower Zip

28372

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45941.00

Current Approval Amount

45941.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50946

Servicing Lender Name

Lumbee Guaranty Bank

Servicing Lender Address

403 E 3rd St

Servicing Lender City

PEMBROKE

Servicing Lender State

NC

Servicing Lender Zip

28372-8889

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PEMBROKE

Project County Name

ROBESON

Project State

NC

Project Zip

28372-0001

CD

NC-07

Jobs Reported

7

NAICS Code

541990

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

45941.00

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

Subchapter S Corporation

Originating Lender Location Id

50946

Originating Lender

Lumbee Guaranty Bank

Originating Lender City

PEMBROKE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46201.54

Forgiveness Date

11/25/2020

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