PPP Loan information for Triad cutting tools inc

$53,800

Triad cutting tools inc was initially approved for PPP Loan of amount $53,800, the current approved amount is $53,800. The loan was approved on 04/05/2020 by The The Fidelity Bank reported 10 jobs and $53,800 was used to fund payroll.

Triad cutting tools inc is Existing or more than 2 years old

TRIAD CUTTING TOOLS INC

Date Approved

04/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TRIAD CUTTING TOOLS INC

Borrower Address

5527 HWY 220 South

Borrower City

Asheboro

Borrower State

NC

Borrower Zip

27205

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53800.00

Current Approval Amount

53800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Asheboro

Project County Name

RANDOLPH

Project State

NC

Project Zip

27205-0100

CD

NC-09

Jobs Reported

10

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53800.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54140.73

Forgiveness Date

12/02/2020

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