PPP Loan information for Team carolinas inc

$3,498,700

Team carolinas inc was initially approved for PPP Loan of amount $3,498,700, the current approved amount is $3,498,700. The loan was approved on 04/08/2020 by The The Fidelity Bank reported 500 jobs and $3,498,700 was used to fund payroll.

Team carolinas inc is Existing or more than 2 years old

PPP Loan Search / NC / SALISBURY / Team carolinas inc

TEAM CAROLINAS INC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TEAM CAROLINAS INC

Borrower Address

102 S LINK AVE

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28144-2524

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3498700.00

Current Approval Amount

3498700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ROWAN

Project State

NC

Project Zip

28144-2524

CD

NC-08

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3498700.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3540198.47

Forgiveness Date

06/11/2021

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