PPP Loan information for Techsouth incorporated

$248,100

Techsouth incorporated was initially approved for PPP Loan of amount $248,100, the current approved amount is $248,100. The loan was approved on 04/28/2020 by The TowneBank reported 13 jobs and $248,100 was used to fund payroll.

Techsouth incorporated is Existing or more than 2 years old

TECHSOUTH INCORPORATED

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TECHSOUTH INCORPORATED

Borrower Address

PO Box 1799

Borrower City

MATTHEWS

Borrower State

NC

Borrower Zip

28106

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

248100.00

Current Approval Amount

248100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MATTHEWS

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28106-0001

CD

NC-14

Jobs Reported

13

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

248100.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

250174.39

Forgiveness Date

02/25/2021

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