PPP Loan information for Laser precision cutting inc

$50,005

Laser precision cutting inc was initially approved for PPP Loan of amount $50,005, the current approved amount is $50,005. The loan was approved on 05/13/2020 by The Truist Bank reported 6 jobs and $50,005 was used to fund payroll.

Laser precision cutting inc is Existing or more than 2 years old

PPP Loan Search / NC / WEAVERVILLE / Laser precision cutting inc

LASER PRECISION CUTTING INC

Date Approved

05/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LASER PRECISION CUTTING INC

Borrower Address

181 Reems Creek Rd ste 3

Borrower City

WEAVERVILLE

Borrower State

NC

Borrower Zip

28787-8229

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50004.72

Current Approval Amount

50004.72

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

WEAVERVILLE

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28787-8229

CD

NC-11

Jobs Reported

6

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50004.72

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

43263.94

Forgiveness Date

12/21/2020

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