PPP Loan information for Totem steel inc

$161,091

Totem steel inc was initially approved for PPP Loan of amount $161,091, the current approved amount is $161,091. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $161,091 was used to fund payroll.

Totem steel inc is New Business or 2 years or less

TOTEM STEEL INC

Date Approved

05/01/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

TOTEM STEEL INC

Borrower Address

6017 234TH ST SE

Borrower City

WOODINVILLE

Borrower State

WA

Borrower Zip

98072-8622

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161091.00

Current Approval Amount

161091.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WOODINVILLE

Project County Name

SNOHOMISH

Project State

WA

Project Zip

98072-8622

CD

WA-01

Jobs Reported

11

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

161091.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

162251.74

Forgiveness Date

01/25/2021

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