PPP Loan information for Tar heel inc

$730,800

Tar heel inc was initially approved for PPP Loan of amount $730,800, the current approved amount is $730,800. The loan was approved on 04/07/2020 by The North State Bank reported 249 jobs and $730,800 was used to fund payroll.

Tar heel inc is Existing or more than 2 years old

PPP Loan Search / NC / RALEIGH / Tar heel inc

TAR HEEL INC

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TAR HEEL INC

Borrower Address

9131 Anson Way Suite 305

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27615-3180

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

730800.00

Current Approval Amount

730800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124643

Servicing Lender Name

North State Bank

Servicing Lender Address

6204 Falls of Neuse Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-3506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27615-3180

CD

NC-02

Jobs Reported

249

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

730800.00

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

124643

Originating Lender

North State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

736346.07

Forgiveness Date

01/20/2021

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