PPP Loan information for The swatch works inc.

$109,330

The swatch works inc. was initially approved for PPP Loan of amount $109,330, the current approved amount is $109,330. The loan was approved on 03/04/2021 by The Piedmont Federal Savings Bank reported 18 jobs and $109,330 was used to fund payroll.

The swatch works inc. is Existing or more than 2 years old

THE SWATCH WORKS INC.

Date Approved

03/04/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

THE SWATCH WORKS INC.

Borrower Address

453 Oakhurst Rd

Borrower City

Asheboro

Borrower State

NC

Borrower Zip

27205-0996

Loan Status Date

04/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109330.00

Current Approval Amount

109330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77303

Servicing Lender Name

Piedmont Federal Savings Bank

Servicing Lender Address

201 S Stratford Rd

Servicing Lender City

WINSTON SALEM

Servicing Lender State

NC

Servicing Lender Zip

27103-1817

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Asheboro

Project County Name

RANDOLPH

Project State

NC

Project Zip

27205-0996

CD

NC-09

Jobs Reported

18

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

109328.00

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

77303

Originating Lender

Piedmont Federal Savings Bank

Originating Lender City

WINSTON SALEM

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109834.13

Forgiveness Date

09/15/2021

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