PPP Loan information for Queensboro industries, inc.

$930,000

Queensboro industries, inc. was initially approved for PPP Loan of amount $2,780,200, the current approved amount is $930,000. The loan was approved on 04/08/2020 by The Dogwood State Bank reported 95 jobs and $930,000 was used to fund payroll.

Queensboro industries, inc. is Existing or more than 2 years old

QUEENSBORO INDUSTRIES, INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

QUEENSBORO INDUSTRIES, INC.

Borrower Address

1400 Marstellar Street

Borrower City

WILMINGTON

Borrower State

NC

Borrower Zip

28401-6067

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2780200.00

Current Approval Amount

930000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

233057

Servicing Lender Name

Dogwood State Bank

Servicing Lender Address

5401 Six Forks Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-4462

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28401-6067

CD

NC-07

Jobs Reported

95

NAICS Code

315220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

930000.00

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

233057

Originating Lender

Dogwood State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

925647.78

Forgiveness Date

11/25/2020

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