PPP Loan information for Substance solutions inc

$408,900

Substance solutions inc was initially approved for PPP Loan of amount $408,900, the current approved amount is $408,900. The loan was approved on 04/28/2020 by The First-Citizens Bank & Trust Company reported 45 jobs and $408,900 was used to fund payroll.

Substance solutions inc is New Business or 2 years or less

SUBSTANCE SOLUTIONS INC

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SUBSTANCE SOLUTIONS INC

Borrower Address

503 Lamar St

Borrower City

Maryville

Borrower State

TN

Borrower Zip

37803

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

408900.00

Current Approval Amount

408900.00

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

N

Business Age Description

New Business or 2 years or less

Project City

Maryville

Project County Name

BLOUNT

Project State

TN

Project Zip

37803-0400

CD

TN-02

Jobs Reported

45

NAICS Code

541219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

408900.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

413672.37

Forgiveness Date

07/07/2021

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