PPP Loan information for Dry pro basement systems inc

$1,477,800

Dry pro basement systems inc was initially approved for PPP Loan of amount $1,477,000, the current approved amount is $1,477,800. The loan was approved on 04/08/2020 by The TowneBank reported 120 jobs and $1,477,800 was used to fund payroll.

Dry pro basement systems inc is Existing or more than 2 years old

PPP Loan Search / NC / BELMONT / Dry pro basement systems inc

DRY PRO BASEMENT SYSTEMS INC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DRY PRO BASEMENT SYSTEMS INC

Borrower Address

130 Performance Dr

Borrower City

BELMONT

Borrower State

NC

Borrower Zip

28012-2446

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1477000.00

Current Approval Amount

1477800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELMONT

Project County Name

GASTON

Project State

NC

Project Zip

28012-2446

CD

NC-14

Jobs Reported

120

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1477800.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1490115.00

Forgiveness Date

02/10/2021

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