PPP Loan information for Tubular textile machinery inc.

$705,100

Tubular textile machinery inc. was initially approved for PPP Loan of amount $705,100, the current approved amount is $705,100. The loan was approved on 04/30/2020 by The Triad Business Bank reported 37 jobs and $705,100 was used to fund payroll.

Tubular textile machinery inc. is Existing or more than 2 years old

PPP Loan Search / NC / LEXINGTON / Tubular textile machinery inc.

TUBULAR TEXTILE MACHINERY INC.

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TUBULAR TEXTILE MACHINERY INC.

Borrower Address

113 Woodside Dr

Borrower City

LEXINGTON

Borrower State

NC

Borrower Zip

27292-7718

Loan Status Date

08/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

705100.00

Current Approval Amount

705100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

528466

Servicing Lender Name

Triad Business Bank

Servicing Lender Address

1501 Highwoods Blvd, Ste 103

Servicing Lender City

GREENSBORO

Servicing Lender State

NC

Servicing Lender Zip

27410-2051

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

DAVIDSON

Project State

NC

Project Zip

27292-7718

CD

NC-08

Jobs Reported

37

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

705100.00

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

528466

Originating Lender

Triad Business Bank

Originating Lender City

GREENSBORO

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

713659.13

Forgiveness Date

07/20/2021

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