PPP Loan information for Sovereign technologies llc

$61,865

Sovereign technologies llc was initially approved for PPP Loan of amount $61,865, the current approved amount is $61,865. The loan was approved on 02/05/2021 by The Peoples Bank reported 5 jobs and $61,865 was used to fund payroll.

Sovereign technologies llc is Existing or more than 2 years old

PPP Loan Search / NC / Hickory / Sovereign technologies llc

SOVEREIGN TECHNOLOGIES LLC

Date Approved

02/05/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SOVEREIGN TECHNOLOGIES LLC

Borrower Address

1108 9th Ave NE

Borrower City

Hickory

Borrower State

NC

Borrower Zip

28601-4032

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61865.00

Current Approval Amount

61865.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hickory

Project County Name

CATAWBA

Project State

NC

Project Zip

28601-4032

CD

NC-10

Jobs Reported

5

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

61863.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62499.12

Forgiveness Date

02/22/2022

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