PPP Loan information for Appalchain new river sod farm

$8,565

Appalchain new river sod farm was initially approved for PPP Loan of amount $8,565, the current approved amount is $8,565. The loan was approved on 05/01/2020 by The LifeStore Bank reported 2 jobs and $8,565 was used to fund payroll.

Appalchain new river sod farm is Existing or more than 2 years old

APPALCHAIN NEW RIVER SOD FARM

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

APPALCHAIN NEW RIVER SOD FARM

Borrower Address

233 MELODY LN

Borrower City

WEST JEFFERSON

Borrower State

NC

Borrower Zip

28694

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8564.57

Current Approval Amount

8564.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88741

Servicing Lender Name

LifeStore Bank

Servicing Lender Address

205 S Jefferson Ave

Servicing Lender City

WEST JEFFERSON

Servicing Lender State

NC

Servicing Lender Zip

28694-9737

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST JEFFERSON

Project County Name

ASHE

Project State

NC

Project Zip

28694-0001

CD

NC-05

Jobs Reported

2

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

856.47

Payroll Proceed

6851.62

Mortgage Interest Proceed

856.48

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

88741

Originating Lender

LifeStore Bank

Originating Lender City

WEST JEFFERSON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8648.55

Forgiveness Date

04/29/2021

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