PPP Loan information for Cumberland residential and employment

$175,800

Cumberland residential and employment was initially approved for PPP Loan of amount $175,700, the current approved amount is $175,800. The loan was approved on 04/28/2020 by The Truist Bank reported 35 jobs and $175,800 was used to fund payroll.

Cumberland residential and employment is Existing or more than 2 years old

CUMBERLAND RESIDENTIAL AND EMPLOYMENT

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CUMBERLAND RESIDENTIAL AND EMPLOYMENT

Borrower Address

241 tillinghast st

Borrower City

FAYETTEVILLE

Borrower State

NC

Borrower Zip

28301-4747

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175700.00

Current Approval Amount

175800.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28301-4747

CD

NC-07

Jobs Reported

35

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175800.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

177714.27

Forgiveness Date

06/03/2021

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