PPP Loan information for Remac corporation

$1,015,823

Remac corporation was initially approved for PPP Loan of amount $889,300, the current approved amount is $1,015,823. The loan was approved on 04/14/2020 by The Truist Bank reported 140 jobs and $1,015,823 was used to fund payroll.

Remac corporation is Existing or more than 2 years old

PPP Loan Search / SC / FORT MILL / Remac corporation

REMAC CORPORATION

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

REMAC CORPORATION

Borrower Address

1 SPICE RD

Borrower City

FORT MILL

Borrower State

SC

Borrower Zip

29707-9501

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

889300.00

Current Approval Amount

1015823.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT MILL

Project County Name

LANCASTER

Project State

SC

Project Zip

29707-9501

CD

SC-05

Jobs Reported

140

NAICS Code

311423

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1015823.00

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

Unanswered

Non Profit

Forgiveness Amount

1026714.88

Forgiveness Date

05/21/2021

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