PPP Loan information for Procoat inc.

$75,500

Procoat inc. was initially approved for PPP Loan of amount $75,500, the current approved amount is $75,500. The loan was approved on 03/12/2021 by The First Bank reported 10 jobs and $75,500 was used to fund payroll.

Procoat inc. is Existing or more than 2 years old

PROCOAT INC.

Date Approved

03/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PROCOAT INC.

Borrower Address

3195 Maplewood Ave

Borrower City

Winston Salem

Borrower State

NC

Borrower Zip

27103-3925

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75500.00

Current Approval Amount

75500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Winston Salem

Project County Name

FORSYTH

Project State

NC

Project Zip

27103-3925

CD

NC-05

Jobs Reported

10

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75500.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75969.78

Forgiveness Date

11/02/2021

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