PPP Loan information for Cole land & timber

$172,239

Cole land & timber was initially approved for PPP Loan of amount $172,239, the current approved amount is $172,239. The loan was approved on 04/30/2020 by The Truist Bank reported 15 jobs and $172,239 was used to fund payroll.

Cole land & timber is Existing or more than 2 years old

COLE LAND & TIMBER

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

COLE LAND & TIMBER

Borrower Address

658 FLOYD CHURCH RD

Borrower City

LEXINGTON

Borrower State

NC

Borrower Zip

27292-8560

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172239.00

Current Approval Amount

172239.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

DAVIDSON

Project State

NC

Project Zip

27292-8560

CD

NC-08

Jobs Reported

15

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

172239.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

173664.76

Forgiveness Date

03/03/2021

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