PPP Loan information for Factory direct trains inc

$31,295

Factory direct trains inc was initially approved for PPP Loan of amount $31,295, the current approved amount is $31,295. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 3 jobs and $31,295 was used to fund payroll.

Factory direct trains inc is New Business or 2 years or less

FACTORY DIRECT TRAINS INC

Date Approved

05/03/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FACTORY DIRECT TRAINS INC

Borrower Address

7 GLENN BRIDGE RD STE B

Borrower City

ARDEN

Borrower State

NC

Borrower Zip

28704-3333

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31295.00

Current Approval Amount

31295.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ARDEN

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28704-3333

CD

NC-11

Jobs Reported

3

NAICS Code

451120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31295.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

31560.79

Forgiveness Date

03/10/2021

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