PPP Loan information for 2402 morganton inc

$46,228

2402 morganton inc was initially approved for PPP Loan of amount $46,228, the current approved amount is $46,228. The loan was approved on 01/22/2021 by The Uwharrie Bank reported 4 jobs and $46,228 was used to fund payroll.

2402 morganton inc is Existing or more than 2 years old

PPP Loan Search / NC / Morganton / 2402 morganton inc

2402 MORGANTON INC

Date Approved

01/22/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

2402 MORGANTON INC

Borrower Address

2402 S Sterling St

Borrower City

Morganton

Borrower State

NC

Borrower Zip

28655-9467

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46228.00

Current Approval Amount

46228.00

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

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morganton

Project County Name

BURKE

Project State

NC

Project Zip

28655-9467

CD

NC-10

Jobs Reported

4

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

46226.00

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

Subchapter S Corporation

Originating Lender Location Id

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46534.90

Forgiveness Date

09/24/2021

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