PPP Loan information for National coatings, inc.

$2,136,856

National coatings, inc. was initially approved for PPP Loan of amount $2,958,900, the current approved amount is $2,136,856. The loan was approved on 04/08/2020 by The Truist Bank reported 29 jobs and $2,136,856 was used to fund payroll.

National coatings, inc. is Existing or more than 2 years old

NATIONAL COATINGS, INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NATIONAL COATINGS, INC.

Borrower Address

5115 New Bern Avenue

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27610-1429

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2958900.00

Current Approval Amount

2136856.00

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

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27610-1429

CD

NC-02

Jobs Reported

29

NAICS Code

238320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2136856.00

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

2161370.49

Forgiveness Date

06/11/2021

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