PPP Loan information for Eastern corporation

$137,100

Eastern corporation was initially approved for PPP Loan of amount $137,100, the current approved amount is $137,100. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 23 jobs and $137,100 was used to fund payroll.

Eastern corporation is New Business or 2 years or less

EASTERN CORPORATION

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

EASTERN CORPORATION

Borrower Address

124 FRANKLIN PARK DR

Borrower City

YOUNGSVILLE

Borrower State

NC

Borrower Zip

27596-9400

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137100.00

Current Approval Amount

137100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

YOUNGSVILLE

Project County Name

FRANKLIN

Project State

NC

Project Zip

27596-9400

CD

NC-01

Jobs Reported

23

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

137100.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

138298.22

Forgiveness Date

03/22/2021

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