PPP Loan information for 3 sons steel inc

$442,253

3 sons steel inc was initially approved for PPP Loan of amount $442,253, the current approved amount is $442,253. The loan was approved on 04/13/2020 by The Truist Bank reported 25 jobs and $442,253 was used to fund payroll.

3 sons steel inc is Existing or more than 2 years old

3 SONS STEEL INC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

3 SONS STEEL INC

Borrower Address

217 N Main St. Suite 200

Borrower City

TARBORO

Borrower State

NC

Borrower Zip

27886-5007

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

442252.85

Current Approval Amount

442252.95

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TARBORO

Project County Name

EDGECOMBE

Project State

NC

Project Zip

27886-5007

CD

NC-01

Jobs Reported

25

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

442252.95

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

446442.07

Forgiveness Date

03/31/2021

;