PPP Loan information for Care ring inc

$581,400

Care ring inc was initially approved for PPP Loan of amount $581,400, the current approved amount is $581,400. The loan was approved on 02/01/2021 by The TowneBank reported 56 jobs and $581,400 was used to fund payroll.

Care ring inc is Existing or more than 2 years old

CARE RING INC

Date Approved

02/01/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CARE RING INC

Borrower Address

601 E 5th St Ste 140

Borrower City

Charlotte

Borrower State

NC

Borrower Zip

28202-3092

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

581400.00

Current Approval Amount

581400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Charlotte

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28202-3092

CD

NC-14

Jobs Reported

56

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

581399.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

585905.85

Forgiveness Date

11/16/2021

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