PPP Loan information for Putnam distributors, inc

$178,000

Putnam distributors, inc was initially approved for PPP Loan of amount $172,400, the current approved amount is $178,000. The loan was approved on 04/11/2020 by The Truist Bank reported 25 jobs and $178,000 was used to fund payroll.

Putnam distributors, inc is Existing or more than 2 years old

PPP Loan Search / NC / SHELBY / Putnam distributors, inc

PUTNAM DISTRIBUTORS, INC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PUTNAM DISTRIBUTORS, INC

Borrower Address

1626 PETERSON DR

Borrower City

SHELBY

Borrower State

NC

Borrower Zip

28152-8518

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172400.00

Current Approval Amount

178000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELBY

Project County Name

CLEVELAND

Project State

NC

Project Zip

28152-8518

CD

NC-10

Jobs Reported

25

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

178000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

179611.89

Forgiveness Date

03/31/2021

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