PPP Loan information for Wright tool inc

$357,500

Wright tool inc was initially approved for PPP Loan of amount $357,500, the current approved amount is $357,500. The loan was approved on 03/17/2021 by The Truist Bank reported 30 jobs and $357,500 was used to fund payroll.

Wright tool inc is Existing or more than 2 years old

WRIGHT TOOL INC

Date Approved

03/17/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

WRIGHT TOOL INC

Borrower Address

120 Park View Cir

Borrower City

Piney Flats

Borrower State

TN

Borrower Zip

37686-4459

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

357500.00

Current Approval Amount

357500.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Piney Flats

Project County Name

SULLIVAN

Project State

TN

Project Zip

37686-4459

CD

TN-01

Jobs Reported

30

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

357500.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

360340.14

Forgiveness Date

01/11/2022

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