PPP Loan information for Wood machine services

$129,785

Wood machine services was initially approved for PPP Loan of amount $129,785, the current approved amount is $129,785. The loan was approved on 02/03/2021 by The Truist Bank reported 14 jobs and $129,785 was used to fund payroll.

Wood machine services is Existing or more than 2 years old

WOOD MACHINE SERVICES

Date Approved

02/03/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

WOOD MACHINE SERVICES

Borrower Address

2 Great State Ln

Borrower City

Rocky Mount

Borrower State

NC

Borrower Zip

27803-8747

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

129785.00

Current Approval Amount

129785.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rocky Mount

Project County Name

NASH

Project State

NC

Project Zip

27803-8747

CD

NC-01

Jobs Reported

14

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

129783.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

130556.50

Forgiveness Date

09/21/2021

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