PPP Loan information for Stine gear & machine co., inc

$88,500

Stine gear & machine co., inc was initially approved for PPP Loan of amount $88,500, the current approved amount is $88,500. The loan was approved on 04/29/2020 by The Truist Bank reported 10 jobs and $88,500 was used to fund payroll.

Stine gear & machine co., inc is Existing or more than 2 years old

STINE GEAR & MACHINE CO., INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

STINE GEAR & MACHINE CO., INC

Borrower Address

2015 HEPHZIBAH CHURCH ROAD

Borrower City

BESSEMER CITY

Borrower State

NC

Borrower Zip

28016

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88500.00

Current Approval Amount

88500.00

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

BESSEMER CITY

Project County Name

GASTON

Project State

NC

Project Zip

28016-0001

CD

NC-10

Jobs Reported

10

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88500.00

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

88994.12

Forgiveness Date

11/25/2020

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