PPP Loan information for Denome-madras alliance

$6,000

Denome-madras alliance was initially approved for PPP Loan of amount $26,700, the current approved amount is $6,000. The loan was approved on 04/29/2020 by The TowneBank reported 8 jobs and $6,000 was used to fund payroll.

Denome-madras alliance is Existing or more than 2 years old

PPP Loan Search / NC / HOLLY SPRINGS / Denome-madras alliance

DENOME-MADRAS ALLIANCE

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DENOME-MADRAS ALLIANCE

Borrower Address

380 Raleigh St

Borrower City

HOLLY SPRINGS

Borrower State

NC

Borrower Zip

27540

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26700.00

Current Approval Amount

6000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLLY SPRINGS

Project County Name

WAKE

Project State

NC

Project Zip

27540-0001

CD

NC-13

Jobs Reported

8

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6000.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6045.50

Forgiveness Date

02/04/2021

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