PPP Loan information for Burchfield insurance group, inc

$136,456

Burchfield insurance group, inc was initially approved for PPP Loan of amount $136,456, the current approved amount is $136,456. The loan was approved on 04/28/2020 by The Uwharrie Bank reported 8 jobs and $136,456 was used to fund payroll.

Burchfield insurance group, inc is Existing or more than 2 years old

BURCHFIELD INSURANCE GROUP, INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BURCHFIELD INSURANCE GROUP, INC

Borrower Address

60 Union Street

Borrower City

Concord

Borrower State

NC

Borrower Zip

28025

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136455.57

Current Approval Amount

136455.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

N

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

28025-0001

CD

NC-08

Jobs Reported

8

NAICS Code

525120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

118655.57

Mortgage Interest Proceed

0.00

Rent Proceed

17800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

138119.57

Forgiveness Date

07/14/2021

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