PPP Loan information for Frenzelit inc

$669,100

Frenzelit inc was initially approved for PPP Loan of amount $669,100, the current approved amount is $669,100. The loan was approved on 04/09/2020 by The Truist Bank reported 49 jobs and $669,100 was used to fund payroll.

Frenzelit inc is Existing or more than 2 years old

PPP Loan Search / NC / LEXINGTON / Frenzelit inc

FRENZELIT INC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FRENZELIT INC

Borrower Address

4165 OLD SALISBURY RD

Borrower City

LEXINGTON

Borrower State

NC

Borrower Zip

27295-6870

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

669100.00

Current Approval Amount

669100.00

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

LEXINGTON

Project County Name

DAVIDSON

Project State

NC

Project Zip

27295-6870

CD

NC-08

Jobs Reported

49

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

669100.00

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

631749.07

Forgiveness Date

03/11/2021

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