PPP Loan information for Multi textiles, inc.

$21,495

Multi textiles, inc. was initially approved for PPP Loan of amount $21,495, the current approved amount is $21,495. The loan was approved on 04/27/2020 by The Southern Bank and Trust Company reported 4 jobs and $21,495 was used to fund payroll.

Multi textiles, inc. is Existing or more than 2 years old

MULTI TEXTILES, INC.

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MULTI TEXTILES, INC.

Borrower Address

500 LINCOLN ST

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23704-4926

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21495.00

Current Approval Amount

21495.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23704-4926

CD

VA-03

Jobs Reported

4

NAICS Code

448190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

21495.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17605.32

Forgiveness Date

12/21/2020

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