PPP Loan information for Timmerman manufacturing inc

$270,070

Timmerman manufacturing inc was initially approved for PPP Loan of amount $270,070, the current approved amount is $270,070. The loan was approved on 03/15/2021 by The Piedmont Federal Savings Bank reported 22 jobs and $270,070 was used to fund payroll.

Timmerman manufacturing inc is Existing or more than 2 years old

TIMMERMAN MANUFACTURING INC

Date Approved

03/15/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

TIMMERMAN MANUFACTURING INC

Borrower Address

102 N McLin Creek Rd

Borrower City

Conover

Borrower State

NC

Borrower Zip

28613-8900

Loan Status Date

04/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

270070.35

Current Approval Amount

270070.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77303

Servicing Lender Name

Piedmont Federal Savings Bank

Servicing Lender Address

201 S Stratford Rd

Servicing Lender City

WINSTON SALEM

Servicing Lender State

NC

Servicing Lender Zip

27103-1817

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Conover

Project County Name

CATAWBA

Project State

NC

Project Zip

28613-8900

CD

NC-10

Jobs Reported

22

NAICS Code

332323

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

270069.35

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

77303

Originating Lender

Piedmont Federal Savings Bank

Originating Lender City

WINSTON SALEM

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

271713.28

Forgiveness Date

10/29/2021

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