PPP Loan information for Shopbot tools inc

$417,224

Shopbot tools inc was initially approved for PPP Loan of amount $417,224, the current approved amount is $417,224. The loan was approved on 02/25/2021 by The Bank of America, National Association reported 33 jobs and $417,224 was used to fund payroll.

Shopbot tools inc is Existing or more than 2 years old

PPP Loan Search / NC / Durham / Shopbot tools inc

SHOPBOT TOOLS INC

Date Approved

02/25/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SHOPBOT TOOLS INC

Borrower Address

3333B Industrial Dr

Borrower City

Durham

Borrower State

NC

Borrower Zip

27704-9307

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

417224.00

Current Approval Amount

417224.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27704-9307

CD

NC-04

Jobs Reported

33

NAICS Code

333249

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

417224.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

421521.98

Forgiveness Date

03/10/2022

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