PPP Loan information for The color spot inc.

$503,000

The color spot inc. was initially approved for PPP Loan of amount $503,000, the current approved amount is $503,000. The loan was approved on 01/30/2021 by The First-Citizens Bank & Trust Company reported 45 jobs and $503,000 was used to fund payroll.

The color spot inc. is Existing or more than 2 years old

THE COLOR SPOT INC.

Date Approved

01/30/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

THE COLOR SPOT INC.

Borrower Address

839 Pickens Industrial Dr

Borrower City

Marietta

Borrower State

GA

Borrower Zip

30062-3100

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

503000.00

Current Approval Amount

503000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marietta

Project County Name

COBB

Project State

GA

Project Zip

30062-3100

CD

GA-06

Jobs Reported

45

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

502998.00

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

507258.27

Forgiveness Date

12/09/2021

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