PPP Loan information for Southern time equipment co. inc.

$243,200

Southern time equipment co. inc. was initially approved for PPP Loan of amount $243,200, the current approved amount is $243,200. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 20 jobs and $243,200 was used to fund payroll.

Southern time equipment co. inc. is New Business or 2 years or less

SOUTHERN TIME EQUIPMENT CO. INC.

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTHERN TIME EQUIPMENT CO. INC.

Borrower Address

2920 Horace Watson Rd

Borrower City

WILSON

Borrower State

NC

Borrower Zip

27893

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243200.00

Current Approval Amount

243200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WILSON

Project County Name

WILSON

Project State

NC

Project Zip

27893-0001

CD

NC-01

Jobs Reported

20

NAICS Code

334514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

243200.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

245092.30

Forgiveness Date

02/16/2021

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