PPP Loan information for Suthars inc.

$367,300

Suthars inc. was initially approved for PPP Loan of amount $367,300, the current approved amount is $367,300. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 26 jobs and $367,300 was used to fund payroll.

Suthars inc. is New Business or 2 years or less

SUTHARS INC.

Date Approved

04/30/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SUTHARS INC.

Borrower Address

411 Park Avenue

Borrower City

DANVILLE

Borrower State

VA

Borrower Zip

24541

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

367300.00

Current Approval Amount

367300.00

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

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DANVILLE

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24541-0015

CD

VA-05

Jobs Reported

26

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

367300.00

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

370842.18

Forgiveness Date

04/26/2021

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