PPP Loan information for General sales inc

$175,000

General sales inc was initially approved for PPP Loan of amount $175,226, the current approved amount is $175,000. The loan was approved on 03/15/2021 by The Truist Bank reported 10 jobs and $175,000 was used to fund payroll.

General sales inc is Existing or more than 2 years old

GENERAL SALES INC

Date Approved

03/15/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

GENERAL SALES INC

Borrower Address

8560 NW 56th St

Borrower City

Doral

Borrower State

FL

Borrower Zip

33166-3329

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

175226.38

Current Approval Amount

175000.00

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

Doral

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33166-3329

CD

FL-26

Jobs Reported

10

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

174998.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176497.22

Forgiveness Date

01/19/2022

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