PPP Loan information for Lowder steel inc

$353,339

Lowder steel inc was initially approved for PPP Loan of amount $353,339, the current approved amount is $353,339. The loan was approved on 05/04/2020 by The Truist Bank reported 31 jobs and $353,339 was used to fund payroll.

Lowder steel inc is Existing or more than 2 years old

LOWDER STEEL INC

Date Approved

05/04/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LOWDER STEEL INC

Borrower Address

2450 COLTRANE MILL RD

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27263-8907

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

353339.35

Current Approval Amount

353339.35

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

HIGH POINT

Project County Name

RANDOLPH

Project State

NC

Project Zip

27263-8907

CD

NC-09

Jobs Reported

31

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

353339.35

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

356843.30

Forgiveness Date

05/06/2021

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