PPP Loan information for Staley insulating inc

$64,688

Staley insulating inc was initially approved for PPP Loan of amount $64,688, the current approved amount is $64,688. The loan was approved on 04/28/2020 by The LifeStore Bank reported 13 jobs and $64,688 was used to fund payroll.

Staley insulating inc is Existing or more than 2 years old

STALEY INSULATING INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

STALEY INSULATING INC

Borrower Address

PO BOX 10

Borrower City

WEST JEFFERSON

Borrower State

NC

Borrower Zip

28694

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64687.50

Current Approval Amount

64687.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88741

Servicing Lender Name

LifeStore Bank

Servicing Lender Address

205 S Jefferson Ave

Servicing Lender City

WEST JEFFERSON

Servicing Lender State

NC

Servicing Lender Zip

28694-9737

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST JEFFERSON

Project County Name

ASHE

Project State

NC

Project Zip

28694-0001

CD

NC-05

Jobs Reported

13

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6468.50

Payroll Proceed

51750.00

Mortgage Interest Proceed

0.00

Rent Proceed

6469.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

88741

Originating Lender

LifeStore Bank

Originating Lender City

WEST JEFFERSON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65226.56

Forgiveness Date

03/05/2021

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