PPP Loan information for 3m35, inc.

$2,617,300

3m35, inc. was initially approved for PPP Loan of amount $2,617,300, the current approved amount is $2,617,300. The loan was approved on 04/05/2020 by The Lake Forest Bank & Trust Company, National Association reported 500 jobs and $2,617,300 was used to fund payroll.

3m35, inc. is Existing or more than 2 years old

3M35, INC.

Date Approved

04/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

3M35, INC.

Borrower Address

2300 S Stratford Rd

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27103-6224

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2617300.00

Current Approval Amount

2617300.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27103-6224

CD

NC-05

Jobs Reported

500

NAICS Code

722513

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

327163.00

Payroll Proceed

1962975.00

Mortgage Interest Proceed

0.00

Rent Proceed

327162.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2647907.87

Forgiveness Date

06/11/2021

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