PPP Loan information for Belmont textile machinery co. inc.

$321,842

Belmont textile machinery co. inc. was initially approved for PPP Loan of amount $331,842, the current approved amount is $321,842. The loan was approved on 04/14/2020 by The Truist Bank reported 24 jobs and $321,842 was used to fund payroll.

Belmont textile machinery co. inc. is Existing or more than 2 years old

PPP Loan Search / NC / MOUNT HOLLY / Belmont textile machinery co. inc.

BELMONT TEXTILE MACHINERY CO. INC.

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BELMONT TEXTILE MACHINERY CO. INC.

Borrower Address

1212 west catawba ave

Borrower City

MOUNT HOLLY

Borrower State

NC

Borrower Zip

28120-1111

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

331842.00

Current Approval Amount

321842.00

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

MOUNT HOLLY

Project County Name

GASTON

Project State

NC

Project Zip

28120-1111

CD

NC-14

Jobs Reported

24

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

321842.00

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

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

324658.12

Forgiveness Date

03/05/2021

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