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 04/01/2021 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

04/01/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

TECHNICON INDUSTRIES INC.

Borrower Address

4412 Republic Ct NW

Borrower City

Concord

Borrower State

NC

Borrower Zip

28027-7722

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

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

28027-7722

CD

NC-12

Jobs Reported

41

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

509997.00

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

513087.95

Forgiveness Date

11/10/2021

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