PPP Loan information for The belts corporation

$437,961

The belts corporation was initially approved for PPP Loan of amount $437,961, the current approved amount is $437,961. The loan was approved on 04/13/2020 by The Truist Bank reported 42 jobs and $437,961 was used to fund payroll.

The belts corporation is Existing or more than 2 years old

PPP Loan Search / MD / BALTIMORE / The belts corporation

THE BELTS CORPORATION

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

THE BELTS CORPORATION

Borrower Address

7210 PORTAL ST

Borrower City

BALTIMORE

Borrower State

MD

Borrower Zip

21224-6512

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

437961.25

Current Approval Amount

437961.25

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BALTIMORE

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21224-6512

CD

MD-07

Jobs Reported

42

NAICS Code

492110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

437961.25

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

440868.83

Forgiveness Date

12/17/2020

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