PPP Loan information for Termaco incorporated

$178,707

Termaco incorporated was initially approved for PPP Loan of amount $318,100, the current approved amount is $178,707. The loan was approved on 04/08/2020 by The Truist Bank reported 15 jobs and $178,707 was used to fund payroll.

Termaco incorporated is Existing or more than 2 years old

PPP Loan Search / NC / ASHEBORO / Termaco incorporated

TERMACO INCORPORATED

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TERMACO INCORPORATED

Borrower Address

646 GREENSBORO ST

Borrower City

ASHEBORO

Borrower State

NC

Borrower Zip

27203-4739

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

318100.00

Current Approval Amount

178706.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ASHEBORO

Project County Name

RANDOLPH

Project State

NC

Project Zip

27203-4739

CD

NC-09

Jobs Reported

15

NAICS Code

326191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

178706.70

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

180454.05

Forgiveness Date

04/08/2021

;