PPP Loan information for Memscap inc

$266,900

Memscap inc was initially approved for PPP Loan of amount $266,900, the current approved amount is $266,900. The loan was approved on 07/21/2020 by The Truist Bank reported 17 jobs and $266,900 was used to fund payroll.

Memscap inc is Existing or more than 2 years old

MEMSCAP INC

Date Approved

07/21/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MEMSCAP INC

Borrower Address

PO BOX 14486

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27709-4486

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

266900.00

Current Approval Amount

266900.00

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

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27709-4486

CD

NC-04

Jobs Reported

17

NAICS Code

334413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

266900.00

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

268041.74

Forgiveness Date

01/14/2021

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