PPP Loan information for Southeastern foundries corporation

$625,532

Southeastern foundries corporation was initially approved for PPP Loan of amount $625,532, the current approved amount is $625,532. The loan was approved on 03/16/2021 by The Bank of Oak Ridge reported 78 jobs and $625,532 was used to fund payroll.

Southeastern foundries corporation is Existing or more than 2 years old

SOUTHEASTERN FOUNDRIES CORPORATION

Date Approved

03/16/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SOUTHEASTERN FOUNDRIES CORPORATION

Borrower Address

2706 Oakland Ave

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27403-1939

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

625532.00

Current Approval Amount

625532.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124488

Servicing Lender Name

Bank of Oak Ridge

Servicing Lender Address

2211 Oak Ridge Rd

Servicing Lender City

OAK RIDGE

Servicing Lender State

NC

Servicing Lender Zip

27310-9619

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27403-1939

CD

NC-06

Jobs Reported

78

NAICS Code

331529

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

625528.00

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

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

628277.39

Forgiveness Date

08/24/2021

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