PPP Loan information for Cumberland insulation co., inc.

$154,670

Cumberland insulation co., inc. was initially approved for PPP Loan of amount $154,670, the current approved amount is $154,670. The loan was approved on 04/29/2020 by The First Bank reported 23 jobs and $154,670 was used to fund payroll.

Cumberland insulation co., inc. is Existing or more than 2 years old

CUMBERLAND INSULATION CO., INC.

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

154670.00

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

FAYETTEVILLE

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28312-8518

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

0.00

Rent Proceed

19334.00

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

155759.05

Forgiveness Date

01/14/2021

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