PPP Loan information for Davis rug company inc

$38,692

Davis rug company inc was initially approved for PPP Loan of amount $38,692, the current approved amount is $38,692. The loan was approved on 03/12/2021 by The Truist Bank reported 4 jobs and $38,692 was used to fund payroll.

Davis rug company inc is Existing or more than 2 years old

DAVIS RUG COMPANY INC

Date Approved

03/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

DAVIS RUG COMPANY INC

Borrower Address

3938 Barclay Road

Borrower City

Shelby

Borrower State

NC

Borrower Zip

28152

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38692.00

Current Approval Amount

38692.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shelby

Project County Name

CLEVELAND

Project State

NC

Project Zip

28152

CD

NC-05

Jobs Reported

4

NAICS Code

314994

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

38690.00

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

38987.56

Forgiveness Date

12/16/2021

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