PPP Loan information for 401 ventures, inc.

$66,273

401 ventures, inc. was initially approved for PPP Loan of amount $66,273, the current approved amount is $66,273. The loan was approved on 04/11/2020 by The First Horizon Bank reported 21 jobs and $66,273 was used to fund payroll.

401 ventures, inc. is Existing or more than 2 years old

401 VENTURES, INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

401 VENTURES, INC.

Borrower Address

872 AINSLEY PL SE

Borrower City

CONCORD

Borrower State

NC

Borrower Zip

28025-0065

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

66273.00

Current Approval Amount

66273.00

Undisbursed Amount

0.00

Franchise Name

Smithfield Chicken 'N Bar-B-Q/S.C.N.B. Chicken 'N Bar-B-Q

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONCORD

Project County Name

CABARRUS

Project State

NC

Project Zip

28025-0065

CD

NC-08

Jobs Reported

21

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

52273.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

66950.46

Forgiveness Date

04/29/2021

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