PPP Loan information for Practicon, inc.

$714,400

Practicon, inc. was initially approved for PPP Loan of amount $714,444, the current approved amount is $714,400. The loan was approved on 04/28/2020 by The Legacy Bank reported 66 jobs and $714,400 was used to fund payroll.

Practicon, inc. is Existing or more than 2 years old

PPP Loan Search / NC / Greenville / Practicon, inc.

PRACTICON, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PRACTICON, INC.

Borrower Address

1112 Sugg Pkwy

Borrower City

Greenville

Borrower State

NC

Borrower Zip

27834-9077

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

714444.00

Current Approval Amount

714400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Greenville

Project County Name

PITT

Project State

NC

Project Zip

27834-9077

CD

NC-01

Jobs Reported

66

NAICS Code

423450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

714400.00

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

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

722476.69

Forgiveness Date

06/17/2021

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