PPP Loan information for The truss shop

$543,000

The truss shop was initially approved for PPP Loan of amount $543,000, the current approved amount is $543,000. The loan was approved on 04/09/2020 by The Truist Bank reported 80 jobs and $543,000 was used to fund payroll.

The truss shop is Existing or more than 2 years old

THE TRUSS SHOP

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE TRUSS SHOP

Borrower Address

84 BUFFALO ROAD

Borrower City

SPARTA

Borrower State

NC

Borrower Zip

28675-1795

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

543000.00

Current Approval Amount

543000.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPARTA

Project County Name

ALLEGHANY

Project State

NC

Project Zip

28675-1795

CD

NC-05

Jobs Reported

80

NAICS Code

321214

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

543000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

548595.92

Forgiveness Date

05/13/2021

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