PPP Loan information for Sowers paint co inc

$48,557

Sowers paint co inc was initially approved for PPP Loan of amount $48,557, the current approved amount is $48,557. The loan was approved on 03/13/2021 by The PNC Bank, National Association reported 9 jobs and $48,557 was used to fund payroll.

Sowers paint co inc is Existing or more than 2 years old

SOWERS PAINT CO INC

Date Approved

03/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SOWERS PAINT CO INC

Borrower Address

1937 Tucker St 1937 Tucker St

Borrower City

Burlington

Borrower State

NC

Borrower Zip

27215-6732

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48557.00

Current Approval Amount

48557.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

ALAMANCE

Project State

NC

Project Zip

27215-6732

CD

NC-04

Jobs Reported

9

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

48555.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48888.81

Forgiveness Date

11/18/2021

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