PPP Loan information for Coats iga, inc.

$176,000

Coats iga, inc. was initially approved for PPP Loan of amount $176,000, the current approved amount is $176,000. The loan was approved on 04/27/2020 by The First Bank reported 69 jobs and $176,000 was used to fund payroll.

Coats iga, inc. is Existing or more than 2 years old

PPP Loan Search / NC / DUNN / Coats iga, inc.

COATS IGA, INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

COATS IGA, INC.

Borrower Address

379 McKinley Street

Borrower City

DUNN

Borrower State

NC

Borrower Zip

28334

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176000.00

Current Approval Amount

176000.00

Undisbursed Amount

0.00

Franchise Name

IGA USA - License Agreement

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DUNN

Project County Name

HARNETT

Project State

NC

Project Zip

28334-0001

CD

NC-13

Jobs Reported

69

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11000.00

Payroll Proceed

132000.00

Mortgage Interest Proceed

33000.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

177359.78

Forgiveness Date

02/16/2021

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