PPP Loan information for Frostemp mechanical inc

$228,095

Frostemp mechanical inc was initially approved for PPP Loan of amount $228,095, the current approved amount is $228,095. The loan was approved on 04/14/2020 by The Truist Bank reported 14 jobs and $228,095 was used to fund payroll.

Frostemp mechanical inc is Existing or more than 2 years old

PPP Loan Search / NC / CLEMMONS / Frostemp mechanical inc

FROSTEMP MECHANICAL INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FROSTEMP MECHANICAL INC

Borrower Address

131 SALEM VILLAGE CT

Borrower City

CLEMMONS

Borrower State

NC

Borrower Zip

27012-8967

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

228095.00

Current Approval Amount

228095.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLEMMONS

Project County Name

FORSYTH

Project State

NC

Project Zip

27012-8967

CD

NC-05

Jobs Reported

14

NAICS Code

238990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

228095.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230749.77

Forgiveness Date

06/22/2021

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