PPP Loan information for Technicon industries, inc.

$510,000

Technicon industries, inc. was initially approved for PPP Loan of amount $510,000, the current approved amount is $510,000. The loan was approved on 04/29/2020 by The Pinnacle Bank reported 41 jobs and $510,000 was used to fund payroll.

Technicon industries, inc. is Existing or more than 2 years old

TECHNICON INDUSTRIES, INC.

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TECHNICON INDUSTRIES, INC.

Borrower Address

4412 REPUBLIC CT

Borrower City

CONCORD

Borrower State

NC

Borrower Zip

28027

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

510000.00

Current Approval Amount

510000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONCORD

Project County Name

CABARRUS

Project State

NC

Project Zip

28027-0001

CD

NC-12

Jobs Reported

41

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

510000.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

512710.68

Forgiveness Date

11/12/2020

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