PPP Loan information for Trolleys inc

$695,000

Trolleys inc was initially approved for PPP Loan of amount $695,000, the current approved amount is $695,000. The loan was approved on 02/07/2021 by The Pinnacle Bank reported 105 jobs and $695,000 was used to fund payroll.

Trolleys inc is Existing or more than 2 years old

PPP Loan Search / NC / CHARLOTTE / Trolleys inc

TROLLEYS INC

Date Approved

02/07/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

TROLLEYS INC

Borrower Address

2400 QUEEN CITY CR

Borrower City

CHARLOTTE

Borrower State

NC

Borrower Zip

28208

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

695000.00

Current Approval Amount

695000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHARLOTTE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28208

CD

NC-12

Jobs Reported

105

NAICS Code

485510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

694995.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

701930.96

Forgiveness Date

02/08/2022

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