PPP Loan information for Discovery insurance company

$553,300

Discovery insurance company was initially approved for PPP Loan of amount $553,300, the current approved amount is $553,300. The loan was approved on 04/10/2020 by The Truist Bank reported 60 jobs and $553,300 was used to fund payroll.

Discovery insurance company is Existing or more than 2 years old

PPP Loan Search / NC / KINSTON / Discovery insurance company

DISCOVERY INSURANCE COMPANY

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DISCOVERY INSURANCE COMPANY

Borrower Address

604 N QUEEN ST

Borrower City

KINSTON

Borrower State

NC

Borrower Zip

28501-4340

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

553300.00

Current Approval Amount

553300.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KINSTON

Project County Name

LENOIR

Project State

NC

Project Zip

28501-4340

CD

NC-03

Jobs Reported

60

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

553300.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

558786.89

Forgiveness Date

04/13/2021

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