PPP Loan information for Industrial packaging supplies, inc.

$2,732,000

Industrial packaging supplies, inc. was initially approved for PPP Loan of amount $2,700,000, the current approved amount is $2,732,000. The loan was approved on 04/14/2020 by The Truist Bank reported 172 jobs and $2,732,000 was used to fund payroll.

Industrial packaging supplies, inc. is Existing or more than 2 years old

INDUSTRIAL PACKAGING SUPPLIES, INC.

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

INDUSTRIAL PACKAGING SUPPLIES, INC.

Borrower Address

10 Jack Casey Ct

Borrower City

FOUNTAIN INN

Borrower State

SC

Borrower Zip

29644

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2700000.00

Current Approval Amount

2732000.00

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

FOUNTAIN INN

Project County Name

GREENVILLE

Project State

SC

Project Zip

29644-0001

CD

SC-03

Jobs Reported

172

NAICS Code

561910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2732000.00

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

2763418.00

Forgiveness Date

06/11/2021

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