PPP Loan information for Beaver brothers inc.

$211,805

Beaver brothers inc. was initially approved for PPP Loan of amount $211,805, the current approved amount is $211,805. The loan was approved on 04/15/2020 by The Farmers & Merchants Bank reported 17 jobs and $211,805 was used to fund payroll.

Beaver brothers inc. is Existing or more than 2 years old

PPP Loan Search / NC / SALISBURY / Beaver brothers inc.

BEAVER BROTHERS INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BEAVER BROTHERS INC.

Borrower Address

807 CORPORATE CIR

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28147-9006

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

211805.00

Current Approval Amount

211805.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ROWAN

Project State

NC

Project Zip

28147-9006

CD

NC-08

Jobs Reported

17

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

211805.00

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

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198287.73

Forgiveness Date

12/11/2020

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