PPP Loan information for R & d tools, inc.

$62,097

R & d tools, inc. was initially approved for PPP Loan of amount $62,097, the current approved amount is $62,097. The loan was approved on 04/10/2020 by The Southern Bank and Trust Company reported 8 jobs and $62,097 was used to fund payroll.

R & d tools, inc. is Existing or more than 2 years old

PPP Loan Search / NC / WILSON / R & d tools, inc.

R & D TOOLS, INC.

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

R & D TOOLS, INC.

Borrower Address

4206 WILLIAMSON RD

Borrower City

WILSON

Borrower State

NC

Borrower Zip

27893-8558

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62097.00

Current Approval Amount

62097.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILSON

Project County Name

WILSON

Project State

NC

Project Zip

27893-8558

CD

NC-01

Jobs Reported

8

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62097.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

62647.25

Forgiveness Date

03/08/2021

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