PPP Loan information for Diversified textile machinery corporation

$62,494

Diversified textile machinery corporation was initially approved for PPP Loan of amount $62,494, the current approved amount is $62,494. The loan was approved on 06/18/2020 by The Truist Bank reported 7 jobs and $62,494 was used to fund payroll.

Diversified textile machinery corporation is Unanswered

DIVERSIFIED TEXTILE MACHINERY CORPORATION

Date Approved

06/18/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DIVERSIFIED TEXTILE MACHINERY CORPORATION

Borrower Address

133 KINGS RD

Borrower City

KINGS MOUNTAIN

Borrower State

NC

Borrower Zip

28086-2089

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62494.13

Current Approval Amount

62494.13

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

N

Business Age Description

Unanswered

Project City

KINGS MOUNTAIN

Project County Name

CLEVELAND

Project State

NC

Project Zip

28086-2089

CD

NC-10

Jobs Reported

7

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62494.13

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

62787.51

Forgiveness Date

12/16/2020

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