PPP Loan information for Cardinal news company inc

$59,500

Cardinal news company inc was initially approved for PPP Loan of amount $59,500, the current approved amount is $59,500. The loan was approved on 04/09/2020 by The The Fidelity Bank reported 10 jobs and $59,500 was used to fund payroll.

Cardinal news company inc is Existing or more than 2 years old

CARDINAL NEWS COMPANY INC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CARDINAL NEWS COMPANY INC

Borrower Address

322-C Edwardia Drive

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27409-2606

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59500.00

Current Approval Amount

59500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27409-2606

CD

NC-06

Jobs Reported

10

NAICS Code

424920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59500.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57698.21

Forgiveness Date

11/12/2020

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