Date Approved
04/11/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
2402 MORGANTON INC
Borrower Address
2402 S Sterling St
Borrower City
Morganton
Borrower State
NC
Borrower Zip
28655-9467
Loan Status Date
11/02/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
33020.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
50369
Servicing Lender Name
Uwharrie Bank
Servicing Lender Address
167 N 2nd St
Servicing Lender City
ALBEMARLE
Servicing Lender State
Servicing Lender Zip
28001-4803
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
BURKE
Project State
Project Zip
CD
NC-10
Jobs Reported
4
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
30989.67
Forgiveness Date
05/18/2021