PPP Loan information for Wilmington machinery incorporated

$272,018

Wilmington machinery incorporated was initially approved for PPP Loan of amount $272,018, the current approved amount is $272,018. The loan was approved on 03/13/2021 by The Truist Bank reported 26 jobs and $272,018 was used to fund payroll.

Wilmington machinery incorporated is Existing or more than 2 years old

WILMINGTON MACHINERY INCORPORATED

Date Approved

03/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

WILMINGTON MACHINERY INCORPORATED

Borrower Address

4628 Northchase Pkwy NE

Borrower City

Wilmington

Borrower State

NC

Borrower Zip

28405-7487

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

272017.50

Current Approval Amount

272017.50

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28405-7487

CD

NC-07

Jobs Reported

26

NAICS Code

333993

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

272015.50

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

274193.64

Forgiveness Date

01/03/2022

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