PPP Loan information for Break'n ground

$50,000

Break'n ground was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 06/12/2020 by The Celtic Bank Corporation reported 2 jobs and $50,000 was used to fund payroll.

Break'n ground is Existing or more than 2 years old

BREAK'N GROUND

Date Approved

06/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BREAK'N GROUND

Borrower Address

18809 Nautical Drive

Borrower City

Cornelius

Borrower State

NC

Borrower Zip

28031-0018

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cornelius

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28031-0018

CD

NC-12

Jobs Reported

2

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6250.00

Payroll Proceed

37500.00

Mortgage Interest Proceed

0.00

Rent Proceed

6250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50780.82

Forgiveness Date

01/04/2022

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