PPP Loan information for Towel city retreading company, inc.

$41,113

Towel city retreading company, inc. was initially approved for PPP Loan of amount $41,113, the current approved amount is $41,113. The loan was approved on 04/16/2020 by The Pinnacle Bank reported 5 jobs and $41,113 was used to fund payroll.

Towel city retreading company, inc. is Existing or more than 2 years old

PPP Loan Search / NC / KANNAPOLIS / Towel city retreading company, inc.

TOWEL CITY RETREADING COMPANY, INC.

Date Approved

04/16/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TOWEL CITY RETREADING COMPANY, INC.

Borrower Address

1601 RIDGE AVE

Borrower City

KANNAPOLIS

Borrower State

NC

Borrower Zip

28083

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41112.50

Current Approval Amount

41112.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KANNAPOLIS

Project County Name

CABARRUS

Project State

NC

Project Zip

28083-0001

CD

NC-08

Jobs Reported

5

NAICS Code

326212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41112.50

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

Corporation

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41492.09

Forgiveness Date

03/25/2021

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