PPP Loan information for Family medical supply inc

$2,416,700

Family medical supply inc was initially approved for PPP Loan of amount $2,416,700, the current approved amount is $2,416,700. The loan was approved on 04/10/2020 by The Truist Bank reported 305 jobs and $2,416,700 was used to fund payroll.

Family medical supply inc is Existing or more than 2 years old

PPP Loan Search / NC / DUNN / Family medical supply inc

FAMILY MEDICAL SUPPLY INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FAMILY MEDICAL SUPPLY INC

Borrower Address

2011 W CUMBERLAND ST

Borrower City

DUNN

Borrower State

NC

Borrower Zip

28334-4447

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2416700.00

Current Approval Amount

2416700.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DUNN

Project County Name

HARNETT

Project State

NC

Project Zip

28334-4447

CD

NC-13

Jobs Reported

305

NAICS Code

446199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2416700.00

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

Subchapter S 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

2446841.62

Forgiveness Date

07/21/2021

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