PPP Loan information for Trae corp

$98,000

Trae corp was initially approved for PPP Loan of amount $98,000, the current approved amount is $98,000. The loan was approved on 04/06/2020 by The Carolina Bank & Trust Co. reported 18 jobs and $98,000 was used to fund payroll.

Trae corp is Existing or more than 2 years old

PPP Loan Search / SC / CHERAW / Trae corp

TRAE CORP

Date Approved

04/06/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

TRAE CORP

Borrower Address

200 CHESTERFIELD HWY

Borrower City

CHERAW

Borrower State

SC

Borrower Zip

29520-3004

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98000.00

Current Approval Amount

98000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66176

Servicing Lender Name

Carolina Bank & Trust Co.

Servicing Lender Address

112 Main St

Servicing Lender City

LAMAR

Servicing Lender State

SC

Servicing Lender Zip

29069

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHERAW

Project County Name

CHESTERFIELD

Project State

SC

Project Zip

29520-3004

CD

SC-07

Jobs Reported

18

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

85000.00

Mortgage Interest Proceed

0.00

Rent Proceed

9000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66176

Originating Lender

Carolina Bank & Trust Co.

Originating Lender City

LAMAR

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99100.82

Forgiveness Date

06/01/2021

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