PPP Loan information for Ambema corporation

$108,983

Ambema corporation was initially approved for PPP Loan of amount $108,983, the current approved amount is $108,983. The loan was approved on 02/12/2021 by The South Central Bank, Inc. reported 13 jobs and $108,983 was used to fund payroll.

Ambema corporation is Existing or more than 2 years old

AMBEMA CORPORATION

Date Approved

02/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

AMBEMA CORPORATION

Borrower Address

149 Spring Forest Dr

Borrower City

Mebane

Borrower State

NC

Borrower Zip

27302-7184

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

108983.00

Current Approval Amount

108983.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

27775

Servicing Lender Name

South Central Bank, Inc.

Servicing Lender Address

501 S L Rogers Wells Blvd

Servicing Lender City

GLASGOW

Servicing Lender State

KY

Servicing Lender Zip

42141

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mebane

Project County Name

ORANGE

Project State

NC

Project Zip

27302-7184

CD

NC-04

Jobs Reported

13

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

108978.00

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

Corporation

Originating Lender Location Id

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109688.36

Forgiveness Date

10/08/2021

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