PPP Loan information for Toney lumber company inc

$551,600

Toney lumber company inc was initially approved for PPP Loan of amount $551,600, the current approved amount is $551,600. The loan was approved on 04/09/2020 by The Truist Bank reported 90 jobs and $551,600 was used to fund payroll.

Toney lumber company inc is Existing or more than 2 years old

PPP Loan Search / NC / LOUISBURG / Toney lumber company inc

TONEY LUMBER COMPANY INC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TONEY LUMBER COMPANY INC

Borrower Address

309 BUNN RD

Borrower City

LOUISBURG

Borrower State

NC

Borrower Zip

27549-2707

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

551600.00

Current Approval Amount

551600.00

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

LOUISBURG

Project County Name

FRANKLIN

Project State

NC

Project Zip

27549-2707

CD

NC-01

Jobs Reported

90

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

551600.00

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

555476.52

Forgiveness Date

12/31/2020

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