Date Approved
04/29/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
CUMBERLAND INSULATION CO., INC.
Borrower Address
4205 CLINTON RD
Borrower City
FAYETTEVILLE
Borrower State
NC
Borrower Zip
28312-8518
Loan Status Date
02/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
154670.00
Current Approval Amount
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
Servicing Lender Zip
28387-6106
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CUMBERLAND
Project State
Project Zip
CD
NC-07
Jobs Reported
23
NAICS Code
238310
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
19334.00
Payroll Proceed
116002.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
155759.05
Forgiveness Date
01/14/2021