Substance Incorporated
$97,500 PPP Loan in Claremont, North Carolina
Loan Details
- Loan Number
- 7618727002
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $97,500
- Current Approval
- $97,500
- Forgiveness Amount
- $98,950
- Forgiveness Date
- Oct 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Substance Incorporated
- Address
- 3000 Frazier Drive
- City
- Claremont
- State
- North Carolina
- ZIP Code
- 28610-8631
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (325520)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 10
- Estimated Revenue
- $9.9M
- Rural/Urban
- Rural
- Congressional District
- NC-10
Loan Use Breakdown
- Payroll
- $80,000
- Utilities
- $2,500
- Mortgage Interest
- $15,000
Lender Information
- Servicing Lender
- The Park National Bank
- Originating Lender
- The Park National Bank
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