PPP Loan information for Drain express inc.

$65,624

Drain express inc. was initially approved for PPP Loan of amount $64,707, the current approved amount is $65,624. The loan was approved on 06/15/2020 by The Truist Bank reported 7 jobs and $65,624 was used to fund payroll.

Drain express inc. is Existing or more than 2 years old

PPP Loan Search / NC / Carrboro / Drain express inc.

DRAIN EXPRESS INC.

Date Approved

06/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DRAIN EXPRESS INC.

Borrower Address

104 Barnes Street

Borrower City

Carrboro

Borrower State

NC

Borrower Zip

27510

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64707.03

Current Approval Amount

65623.83

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CARRBORO

Project County Name

ORANGE

Project State

NC

Project Zip

27510-2203

CD

NC-04

Jobs Reported

7

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65623.83

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

65993.88

Forgiveness Date

02/16/2021

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