PPP Loan information for Promothreads inc

$45,132

Promothreads inc was initially approved for PPP Loan of amount $45,132, the current approved amount is $45,132. The loan was approved on 05/03/2020 by The Wells Fargo Bank, National Association reported 10 jobs and $45,132 was used to fund payroll.

Promothreads inc is Existing or more than 2 years old

PPP Loan Search / NC / CORNELIUS / Promothreads inc

PROMOTHREADS INC

Date Approved

05/03/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PROMOTHREADS INC

Borrower Address

19824-C WEST CATAWBA AVE

Borrower City

CORNELIUS

Borrower State

NC

Borrower Zip

28031

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45132.00

Current Approval Amount

45132.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORNELIUS

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28031-0001

CD

NC-12

Jobs Reported

10

NAICS Code

323113

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

45132.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

45536.33

Forgiveness Date

03/31/2021

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