PPP Loan information for Bernard's formal wear, inc

$77,500

Bernard's formal wear, inc was initially approved for PPP Loan of amount $77,500, the current approved amount is $77,500. The loan was approved on 04/30/2020 by The Truist Bank reported 10 jobs and $77,500 was used to fund payroll.

Bernard's formal wear, inc is Existing or more than 2 years old

PPP Loan Search / NC / Durham / Bernard's formal wear, inc

BERNARD'S FORMAL WEAR, INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BERNARD'S FORMAL WEAR, INC

Borrower Address

734 Ninth St

Borrower City

Durham

Borrower State

NC

Borrower Zip

27705

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77500.00

Current Approval Amount

77500.00

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

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27705-0001

CD

NC-04

Jobs Reported

10

NAICS Code

448110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77500.00

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

78122.15

Forgiveness Date

03/01/2021

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