PPP Loan information for Employee stock ownership program

$511,038

Employee stock ownership program was initially approved for PPP Loan of amount $511,038, the current approved amount is $511,038. The loan was approved on 04/13/2020 by The HomeTrust Bank reported 43 jobs and $511,038 was used to fund payroll.

Employee stock ownership program is Existing or more than 2 years old

PPP Loan Search / NC / Fletcher / Employee stock ownership program

EMPLOYEE STOCK OWNERSHIP PROGRAM

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

EMPLOYEE STOCK OWNERSHIP PROGRAM

Borrower Address

355 Cane Creek Rd

Borrower City

Fletcher

Borrower State

NC

Borrower Zip

28732-7404

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

511037.50

Current Approval Amount

511037.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77468

Servicing Lender Name

HomeTrust Bank

Servicing Lender Address

10 Woodfin St

Servicing Lender City

ASHEVILLE

Servicing Lender State

NC

Servicing Lender Zip

28801-3022

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fletcher

Project County Name

HENDERSON

Project State

NC

Project Zip

28732-7404

CD

NC-11

Jobs Reported

43

NAICS Code

336991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

511037.50

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

Professional Association

Originating Lender Location Id

77468

Originating Lender

HomeTrust Bank

Originating Lender City

ASHEVILLE

Originating Lender State

NC

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

515727.84

Forgiveness Date

03/31/2021

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