PPP Loan information for Trapp industrial sales company

$144,500

Trapp industrial sales company was initially approved for PPP Loan of amount $144,500, the current approved amount is $144,500. The loan was approved on 04/29/2020 by The First-Citizens Bank & Trust Company reported 9 jobs and $144,500 was used to fund payroll.

Trapp industrial sales company is New Business or 2 years or less

PPP Loan Search / NC / MATTHEWS / Trapp industrial sales company

TRAPP INDUSTRIAL SALES COMPANY

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TRAPP INDUSTRIAL SALES COMPANY

Borrower Address

2505 OLD MONROE RD

Borrower City

MATTHEWS

Borrower State

NC

Borrower Zip

28104-9730

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144500.00

Current Approval Amount

144500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MATTHEWS

Project County Name

UNION

Project State

NC

Project Zip

28104-9730

CD

NC-08

Jobs Reported

9

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

144500.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

145238.56

Forgiveness Date

11/05/2020

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