Date Approved
04/30/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
SOVEREIGN TECHNOLOGIES LLC
Borrower Address
1108 9th Ave NE
Borrower City
HICKORY
Borrower State
NC
Borrower Zip
28601
Loan Status Date
07/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
61800.00
Current Approval Amount
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
Servicing Lender Zip
28658
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CATAWBA
Project State
Project Zip
28601-0500
CD
NC-10
Jobs Reported
5
NAICS Code
423990
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
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
62483.23
Forgiveness Date
06/15/2021