PPP Loan information for Towcon corporation

$170,200

Towcon corporation was initially approved for PPP Loan of amount $170,200, the current approved amount is $170,200. The loan was approved on 04/14/2020 by The Truist Bank reported 30 jobs and $170,200 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

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TOWCON CORPORATION

Borrower Address

10080 Edison Square Dr NW

Borrower City

CONCORD

Borrower State

NC

Borrower Zip

28027

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170200.00

Current Approval Amount

170200.00

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

CONCORD

Project County Name

CABARRUS

Project State

NC

Project Zip

28027-0001

CD

NC-12

Jobs Reported

30

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

170200.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

171679.79

Forgiveness Date

03/02/2021

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