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 04/24/2021 by The First-Citizens Bank & Trust Company reported 45 jobs and $408,900 was used to fund payroll.

Substance solutions inc is Existing or more than 2 years old

SUBSTANCE SOLUTIONS INC

Date Approved

04/24/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

SUBSTANCE SOLUTIONS INC

Borrower Address

133 W Broadway Ave

Borrower City

Maryville

Borrower State

TN

Borrower Zip

37801-4703

Loan Status Date

Loan Status

Exemption 4

Term

60

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

Y

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

37801-4703

CD

TN-02

Jobs Reported

45

NAICS Code

541219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

408896.00

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

344479.24

Forgiveness Date

03/09/2023

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