Trae Corp

$98,000 PPP Loan in Cheraw, South Carolina

Loan Details

Loan Number
5968227006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$98,000
Current Approval
$98,000
Forgiveness Amount
$99,101
Forgiveness Date
Jun 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Trae Corp
Address
200 Chesterfield Hwy
City
Cheraw
ZIP Code
29520-3004
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$9.2M
Rural/Urban
Rural
Congressional District
SC-07

Loan Use Breakdown

Payroll
$85,000
Rent
$9,000
Utilities
$4,000

Lender Information

Servicing Lender
Carolina Bank & Trust Co.
Originating Lender
Carolina Bank & Trust Co.

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