PPP Loan information for Bgm farms inc

$70,205

Bgm farms inc was initially approved for PPP Loan of amount $70,205, the current approved amount is $70,205. The loan was approved on 03/20/2021 by The Truist Bank reported 5 jobs and $70,205 was used to fund payroll.

Bgm farms inc is Existing or more than 2 years old

BGM FARMS INC

Date Approved

03/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

BGM FARMS INC

Borrower Address

8195 McCormick Bridge Rd

Borrower City

Spring Lake

Borrower State

NC

Borrower Zip

28390-8150

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70205.00

Current Approval Amount

70205.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spring Lake

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28390-8150

CD

NC-09

Jobs Reported

5

NAICS Code

115310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70205.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70491.67

Forgiveness Date

08/18/2021

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