PPP Loan information for Glasson tool & supply company

$224,417

Glasson tool & supply company was initially approved for PPP Loan of amount $224,417, the current approved amount is $224,417. The loan was approved on 06/26/2020 by The First Horizon Bank reported 18 jobs and $224,417 was used to fund payroll.

Glasson tool & supply company is Existing or more than 2 years old

GLASSON TOOL & SUPPLY COMPANY

Date Approved

06/26/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

GLASSON TOOL & SUPPLY COMPANY

Borrower Address

1062 HICKORY HOUSE RD

Borrower City

SANFORD

Borrower State

NC

Borrower Zip

27332-9129

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

224417.00

Current Approval Amount

224417.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANFORD

Project County Name

LEE

Project State

NC

Project Zip

27332-9129

CD

NC-09

Jobs Reported

18

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

224417.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

226817.02

Forgiveness Date

07/27/2021

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