PPP Loan information for The service department inc

$78,529

The service department inc was initially approved for PPP Loan of amount $78,529, the current approved amount is $78,529. The loan was approved on 02/20/2021 by The Truist Bank reported 8 jobs and $78,529 was used to fund payroll.

The service department inc is Existing or more than 2 years old

THE SERVICE DEPARTMENT INC

Date Approved

02/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

THE SERVICE DEPARTMENT INC

Borrower Address

1801 NC Highway 86 S

Borrower City

Hillsborough

Borrower State

NC

Borrower Zip

27278-9563

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78529.00

Current Approval Amount

78529.00

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

Hillsborough

Project County Name

ORANGE

Project State

NC

Project Zip

27278-9563

CD

NC-04

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78529.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78847.48

Forgiveness Date

07/21/2021

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