PPP Loan information for The budd group

$10,000,000

The budd group was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 05/13/2020 by The Truist Bank reported 500 jobs and $10,000,000 was used to fund payroll.

The budd group is Existing or more than 2 years old

PPP Loan Search / NC / WINSTON SALEM / The budd group

THE BUDD GROUP

Date Approved

05/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE BUDD GROUP

Borrower Address

2325 S. STRATFORD RD

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27103-6223

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

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

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27103-6223

CD

NC-05

Jobs Reported

500

NAICS Code

561720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10000000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10167222.22

Forgiveness Date

01/12/2022

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