PPP Loan information for The packaging source inc.

$455,878

The packaging source inc. was initially approved for PPP Loan of amount $455,878, the current approved amount is $455,878. The loan was approved on 02/24/2021 by The Truist Bank reported 27 jobs and $455,878 was used to fund payroll.

The packaging source inc. is Existing or more than 2 years old

THE PACKAGING SOURCE INC.

Date Approved

02/24/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

THE PACKAGING SOURCE INC.

Borrower Address

1040 Industrial Park Dr

Borrower City

Kernersville

Borrower State

NC

Borrower Zip

27284-9410

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

455878.00

Current Approval Amount

455878.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Kernersville

Project County Name

FORSYTH

Project State

NC

Project Zip

27284-9410

CD

NC-06

Jobs Reported

27

NAICS Code

424110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

455876.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

458549.95

Forgiveness Date

10/06/2021

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