PPP Loan information for Wright machine & tool co. inc.

$236,683

Wright machine & tool co. inc. was initially approved for PPP Loan of amount $236,683, the current approved amount is $236,683. The loan was approved on 03/12/2021 by The Truist Bank reported 29 jobs and $236,683 was used to fund payroll.

Wright machine & tool co. inc. is Existing or more than 2 years old

PPP Loan Search / NC / Swannanoa / Wright machine & tool co. inc.

WRIGHT MACHINE & TOOL CO. INC.

Date Approved

03/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

WRIGHT MACHINE & TOOL CO. INC.

Borrower Address

101 Jims Branch Rd

Borrower City

Swannanoa

Borrower State

NC

Borrower Zip

28778-3604

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

236683.40

Current Approval Amount

236683.40

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

Swannanoa

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28778-3604

CD

NC-11

Jobs Reported

29

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

236680.40

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

239733.99

Forgiveness Date

07/05/2022

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