PPP Loan information for Protochips inc

$801,063

Protochips inc was initially approved for PPP Loan of amount $851,063, the current approved amount is $801,063. The loan was approved on 04/06/2020 by The Triad Business Bank reported 38 jobs and $801,063 was used to fund payroll.

Protochips inc is Existing or more than 2 years old

PROTOCHIPS INC

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PROTOCHIPS INC

Borrower Address

3800 Gateway Centre Blvd #306

Borrower City

MORRISVILLE

Borrower State

NC

Borrower Zip

27560-6220

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

851062.50

Current Approval Amount

801062.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

528466

Servicing Lender Name

Triad Business Bank

Servicing Lender Address

1501 Highwoods Blvd, Ste 103

Servicing Lender City

GREENSBORO

Servicing Lender State

NC

Servicing Lender Zip

27410-2051

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORRISVILLE

Project County Name

WAKE

Project State

NC

Project Zip

27560-6220

CD

NC-02

Jobs Reported

38

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

801062.50

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

528466

Originating Lender

Triad Business Bank

Originating Lender City

GREENSBORO

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

805935.13

Forgiveness Date

11/23/2020

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