PPP Loan information for Cragmont assembly, inc.

$47,500

Cragmont assembly, inc. was initially approved for PPP Loan of amount $47,500, the current approved amount is $47,500. The loan was approved on 04/15/2020 by The First Bank reported 4 jobs and $47,500 was used to fund payroll.

Cragmont assembly, inc. is Existing or more than 2 years old

CRAGMONT ASSEMBLY, INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CRAGMONT ASSEMBLY, INC.

Borrower Address

1233 N FORK RD

Borrower City

BLACK MOUNTAIN

Borrower State

NC

Borrower Zip

28711-2598

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47500.00

Current Approval Amount

47500.00

Undisbursed Amount

0.00

Franchise Name

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLACK MOUNTAIN

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28711-2598

CD

NC-11

Jobs Reported

4

NAICS Code

721214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47500.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

47914.31

Forgiveness Date

03/02/2021

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