PPP Loan information for Prime life fibers inc

$62,655

Prime life fibers inc was initially approved for PPP Loan of amount $62,655, the current approved amount is $62,655. The loan was approved on 04/08/2020 by The First Horizon Bank reported 6 jobs and $62,655 was used to fund payroll.

Prime life fibers inc is Existing or more than 2 years old

PRIME LIFE FIBERS INC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PRIME LIFE FIBERS INC

Borrower Address

4537 HILLSBOROUGH RD

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27705-2341

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62655.49

Current Approval Amount

62655.49

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27705-2341

CD

NC-04

Jobs Reported

6

NAICS Code

423450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4155.00

Payroll Proceed

58500.49

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63391.69

Forgiveness Date

06/22/2021

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