PPP Loan information for Towcon corporation

$170,152

Towcon corporation was initially approved for PPP Loan of amount $170,152, the current approved amount is $170,152. The loan was approved on 03/18/2021 by The Truist Bank reported 25 jobs and $170,152 was used to fund payroll.

Towcon corporation is Existing or more than 2 years old

PPP Loan Search / NC / Concord / Towcon corporation

TOWCON CORPORATION

Date Approved

03/18/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

TOWCON CORPORATION

Borrower Address

10080 Edison Square Dr NW

Borrower City

Concord

Borrower State

NC

Borrower Zip

28027-8252

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

170152.30

Current Approval Amount

170152.30

Undisbursed Amount

0.00

Franchise Name

The Goddard School

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

Concord

Project County Name

CABARRUS

Project State

NC

Project Zip

28027-8252

CD

NC-12

Jobs Reported

25

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

170152.30

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

172038.15

Forgiveness Date

04/28/2022

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