PPP Loan information for Press repair engineering sales & service, inc.

$486,255

Press repair engineering sales & service, inc. was initially approved for PPP Loan of amount $486,255, the current approved amount is $486,255. The loan was approved on 04/30/2020 by The Truist Bank reported 35 jobs and $486,255 was used to fund payroll.

Press repair engineering sales & service, inc. is Existing or more than 2 years old

PPP Loan Search / TN / Morristown / Press repair engineering sales & service, inc.

PRESS REPAIR ENGINEERING SALES & SERVICE, INC.

Date Approved

04/30/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PRESS REPAIR ENGINEERING SALES & SERVICE, INC.

Borrower Address

5330 Manchester Avenue

Borrower City

Morristown

Borrower State

TN

Borrower Zip

37813

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

486255.00

Current Approval Amount

486255.00

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

Morristown

Project County Name

HAMBLEN

Project State

TN

Project Zip

37813-1000

CD

TN-01

Jobs Reported

35

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

486255.00

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

490185.56

Forgiveness Date

02/24/2021

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