PPP Loan information for Steele rubber products inc

$683,300

Steele rubber products inc was initially approved for PPP Loan of amount $683,300, the current approved amount is $683,300. The loan was approved on 04/06/2020 by The Peoples Bank reported 64 jobs and $683,300 was used to fund payroll.

Steele rubber products inc is Existing or more than 2 years old

PPP Loan Search / NC / DENVER / Steele rubber products inc

STEELE RUBBER PRODUCTS INC

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

STEELE RUBBER PRODUCTS INC

Borrower Address

6180 HIGHWAY 150

Borrower City

DENVER

Borrower State

NC

Borrower Zip

28037-9650

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

683300.00

Current Approval Amount

683300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DENVER

Project County Name

CATAWBA

Project State

NC

Project Zip

28037-9650

CD

NC-10

Jobs Reported

64

NAICS Code

326220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

683300.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

687399.80

Forgiveness Date

11/17/2020

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