PPP Loan information for Inventory management incorporated

$626,845

Inventory management incorporated was initially approved for PPP Loan of amount $626,845, the current approved amount is $626,845. The loan was approved on 04/15/2020 by The First Carolina Bank reported 61 jobs and $626,845 was used to fund payroll.

Inventory management incorporated is Existing or more than 2 years old

PPP Loan Search / NC / RALEIGH / Inventory management incorporated

INVENTORY MANAGEMENT INCORPORATED

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

INVENTORY MANAGEMENT INCORPORATED

Borrower Address

3014 Industrial Drive

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27609-7531

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

626845.00

Current Approval Amount

626845.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203771

Servicing Lender Name

First Carolina Bank

Servicing Lender Address

171 N Winstead Ave

Servicing Lender City

ROCKY MOUNT

Servicing Lender State

NC

Servicing Lender Zip

27804-2236

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27609-7531

CD

NC-02

Jobs Reported

61

NAICS Code

541614

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

626845.00

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

203771

Originating Lender

First Carolina Bank

Originating Lender City

ROCKY MOUNT

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

634715.39

Forgiveness Date

07/19/2021

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