PPP Loan information for Us duct inc.

$873,200

Us duct inc. was initially approved for PPP Loan of amount $873,200, the current approved amount is $873,200. The loan was approved on 04/14/2020 by The Truist Bank reported 84 jobs and $873,200 was used to fund payroll.

Us duct inc. is Existing or more than 2 years old

US DUCT INC.

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

US DUCT INC.

Borrower Address

4898 MCCRACKEN RD

Borrower City

KERNERSVILLE

Borrower State

NC

Borrower Zip

27284-8671

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

873200.00

Current Approval Amount

873200.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KERNERSVILLE

Project County Name

FORSYTH

Project State

NC

Project Zip

27284-8671

CD

NC-06

Jobs Reported

84

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

873200.00

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

881471.14

Forgiveness Date

04/08/2021

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