PPP Loan information for Soundtronics, inc

$260,455

Soundtronics, inc was initially approved for PPP Loan of amount $206,455, the current approved amount is $260,455. The loan was approved on 04/14/2020 by The Truist Bank reported 15 jobs and $260,455 was used to fund payroll.

Soundtronics, inc is Existing or more than 2 years old

SOUNDTRONICS, INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUNDTRONICS, INC

Borrower Address

5715 Market Street

Borrower City

WILMINGTON

Borrower State

NC

Borrower Zip

28405

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

206455.00

Current Approval Amount

260455.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28405-0001

CD

NC-07

Jobs Reported

15

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

260455.00

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

263001.67

Forgiveness Date

04/19/2021

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