PPP Loan information for Textile designed machine company

$95,210

Textile designed machine company was initially approved for PPP Loan of amount $95,210, the current approved amount is $95,210. The loan was approved on 03/09/2021 by The Truist Bank reported 6 jobs and $95,210 was used to fund payroll.

Textile designed machine company is Existing or more than 2 years old

TEXTILE DESIGNED MACHINE COMPANY

Date Approved

03/09/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

TEXTILE DESIGNED MACHINE COMPANY

Borrower Address

1320 Shearers Rd

Borrower City

Mooresville

Borrower State

NC

Borrower Zip

28115-7778

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

95210.00

Current Approval Amount

95210.00

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

Mooresville

Project County Name

IREDELL

Project State

NC

Project Zip

28115-7778

CD

NC-10

Jobs Reported

6

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

95210.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

95760.10

Forgiveness Date

10/06/2021

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