PPP Loan information for Hickory saw & tool inc

$434,900

Hickory saw & tool inc was initially approved for PPP Loan of amount $434,900, the current approved amount is $434,900. The loan was approved on 02/07/2021 by The Peoples Bank reported 41 jobs and $434,900 was used to fund payroll.

Hickory saw & tool inc is Existing or more than 2 years old

PPP Loan Search / NC / Hickory / Hickory saw & tool inc

HICKORY SAW & TOOL INC

Date Approved

02/07/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

HICKORY SAW & TOOL INC

Borrower Address

406 9th St SE

Borrower City

Hickory

Borrower State

NC

Borrower Zip

28602-4040

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

434900.00

Current Approval Amount

434900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hickory

Project County Name

CATAWBA

Project State

NC

Project Zip

28602-4040

CD

NC-10

Jobs Reported

41

NAICS Code

332216

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

434894.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

439309.40

Forgiveness Date

02/17/2022

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