PPP Loan information for Sprout construction inc

$72,530

Sprout construction inc was initially approved for PPP Loan of amount $72,530, the current approved amount is $72,530. The loan was approved on 03/24/2021 by The Truist Bank reported 6 jobs and $72,530 was used to fund payroll.

Sprout construction inc is Existing or more than 2 years old

SPROUT CONSTRUCTION INC

Date Approved

03/24/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

SPROUT CONSTRUCTION INC

Borrower Address

1741 Linda Ln

Borrower City

Maryville

Borrower State

TN

Borrower Zip

37803-5503

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72530.00

Current Approval Amount

72530.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Maryville

Project County Name

BLOUNT

Project State

TN

Project Zip

37803-5503

CD

TN-02

Jobs Reported

6

NAICS Code

484230

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72529.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73446.70

Forgiveness Date

06/29/2022

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