Termaco Incorporated

$318,100 PPP Loan in Asheboro, North Carolina

Loan Details

Loan Number
8025317007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$318,100
Current Approval
$178,707
Forgiveness Amount
$180,454
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Termaco Incorporated
Address
646 Greensboro St
ZIP Code
27203-4739
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326191)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
$14.9M
Rural/Urban
Rural
Congressional District
NC-09

Loan Use Breakdown

Payroll
$178,707

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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