PPP Loan information for Boys & girls club of cabarrus county inc.

$263,950

Boys & girls club of cabarrus county inc. was initially approved for PPP Loan of amount $263,950, the current approved amount is $263,950. The loan was approved on 04/05/2020 by The Farmers & Merchants Bank reported 110 jobs and $263,950 was used to fund payroll.

Boys & girls club of cabarrus county inc. is Existing or more than 2 years old

BOYS & GIRLS CLUB OF CABARRUS COUNTY INC.

Date Approved

04/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BOYS & GIRLS CLUB OF CABARRUS COUNTY INC.

Borrower Address

247 Spring Street N.W.

Borrower City

CONCORD

Borrower State

NC

Borrower Zip

28025-4724

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

263950.00

Current Approval Amount

263950.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CONCORD

Project County Name

CABARRUS

Project State

NC

Project Zip

28025-4724

CD

NC-12

Jobs Reported

110

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

263950.00

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

Non-Profit Organization

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

Y

Forgiveness Amount

267491.33

Forgiveness Date

08/20/2021

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