Date Approved
04/07/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
EASTERN MORTGAGE COMPANY, INC.
Borrower Address
7601 A Emerald Drive
Borrower City
EMERALD ISLE
Borrower State
NC
Borrower Zip
28594-2920
Loan Status Date
04/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
41000.00
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
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CARTERET
Project State
Project Zip
CD
NC-03
Jobs Reported
3
NAICS Code
522310
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
30750.00
Mortgage Interest Proceed
Rent Proceed
6350.00
Refinance EIDL Proceed
Health Care Proceed
3900.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
41377.42
Forgiveness Date
03/11/2021