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
Servicing Lender Zip
28202-1078
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAKE
Project State
Project Zip
CD
NC-02
Jobs Reported
29
NAICS Code
238320
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Unanswered
Veteran
Non Profit
Forgiveness Amount
2161370.49
Forgiveness Date
06/11/2021