PPP Loan information for General woodworking

$303,500

General woodworking was initially approved for PPP Loan of amount $303,500, the current approved amount is $303,500. The loan was approved on 04/14/2020 by The Truist Bank reported 21 jobs and $303,500 was used to fund payroll.

General woodworking is Existing or more than 2 years old

GENERAL WOODWORKING

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

GENERAL WOODWORKING

Borrower Address

12264 Wilkins Ave

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20852-1840

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

303500.00

Current Approval Amount

303500.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20852-1840

CD

MD-08

Jobs Reported

21

NAICS Code

238130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

303500.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

305565.49

Forgiveness Date

12/28/2020

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