PPP Loan information for Phelps security

$1,484,500

Phelps security was initially approved for PPP Loan of amount $1,484,500, the current approved amount is $1,484,500. The loan was approved on 04/11/2020 by The Truist Bank reported 368 jobs and $1,484,500 was used to fund payroll.

Phelps security is Existing or more than 2 years old

PPP Loan Search / TN / MEMPHIS / Phelps security

PHELPS SECURITY

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PHELPS SECURITY

Borrower Address

4932 Park Ave

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38117-5613

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1484500.00

Current Approval Amount

1484500.00

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

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38117-5613

CD

TN-08

Jobs Reported

368

NAICS Code

561612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1484500.00

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

1493695.65

Forgiveness Date

12/03/2020

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