PPP Loan information for King asphalt inc.

$1,500,000

King asphalt inc. was initially approved for PPP Loan of amount $1,500,000, the current approved amount is $1,500,000. The loan was approved on 02/18/2021 by The Truist Bank reported 157 jobs and $1,500,000 was used to fund payroll.

King asphalt inc. is Existing or more than 2 years old

PPP Loan Search / SC / Liberty / King asphalt inc.

KING ASPHALT INC.

Date Approved

02/18/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

KING ASPHALT INC.

Borrower Address

2127 Greenville Hwy

Borrower City

Liberty

Borrower State

SC

Borrower Zip

29657-3836

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1500000.00

Current Approval Amount

1500000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Liberty

Project County Name

PICKENS

Project State

SC

Project Zip

29657-3836

CD

SC-03

Jobs Reported

157

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1499999.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1506583.33

Forgiveness Date

07/28/2021

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