PPP Loan information for Patel & sons inc

$16,027

Patel & sons inc was initially approved for PPP Loan of amount $16,027, the current approved amount is $16,027. The loan was approved on 02/22/2021 by The Truist Bank reported 4 jobs and $16,027 was used to fund payroll.

Patel & sons inc is Existing or more than 2 years old

PATEL & SONS INC

Date Approved

02/22/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PATEL & SONS INC

Borrower Address

4540 Potter Rd

Borrower City

Matthews

Borrower State

NC

Borrower Zip

28104-5928

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16027.00

Current Approval Amount

16027.00

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

Matthews

Project County Name

UNION

Project State

NC

Project Zip

28104-5928

CD

NC-08

Jobs Reported

4

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

16021.00

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

Subchapter S 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

16085.77

Forgiveness Date

07/07/2021

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