PPP Loan information for Storm technologies

$315,278

Storm technologies was initially approved for PPP Loan of amount $315,278, the current approved amount is $315,278. The loan was approved on 01/16/2021 by The Uwharrie Bank reported 20 jobs and $315,278 was used to fund payroll.

Storm technologies is Existing or more than 2 years old

PPP Loan Search / NC / Albemarle / Storm technologies

STORM TECHNOLOGIES

Date Approved

01/16/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

STORM TECHNOLOGIES

Borrower Address

411 N Depot St

Borrower City

Albemarle

Borrower State

NC

Borrower Zip

28001-3918

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

315277.50

Current Approval Amount

315277.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albemarle

Project County Name

STANLY

Project State

NC

Project Zip

28001-3918

CD

NC-08

Jobs Reported

20

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

315277.50

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

316661.22

Forgiveness Date

06/28/2021

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