PPP Loan information for Hometown credit inc.

$80,865

Hometown credit inc. was initially approved for PPP Loan of amount $100,100, the current approved amount is $80,865. The loan was approved on 04/08/2020 by The Truist Bank reported 8 jobs and $80,865 was used to fund payroll.

Hometown credit inc. is Existing or more than 2 years old

HOMETOWN CREDIT INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

HOMETOWN CREDIT INC.

Borrower Address

2915 N. Main St.

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27265-1936

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100100.00

Current Approval Amount

80865.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HIGH POINT

Project County Name

GUILFORD

Project State

NC

Project Zip

27265-1936

CD

NC-06

Jobs Reported

8

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80865.00

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

81484.96

Forgiveness Date

01/25/2021

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