PPP Loan information for Food bank of the albemarle

$174,100

Food bank of the albemarle was initially approved for PPP Loan of amount $174,100, the current approved amount is $174,100. The loan was approved on 04/10/2020 by The First Bank reported 27 jobs and $174,100 was used to fund payroll.

Food bank of the albemarle is Existing or more than 2 years old

FOOD BANK OF THE ALBEMARLE

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FOOD BANK OF THE ALBEMARLE

Borrower Address

109 Tidewater Way

Borrower City

ELIZABETH CITY

Borrower State

NC

Borrower Zip

27909-6765

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174100.00

Current Approval Amount

174100.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETH CITY

Project County Name

PASQUOTANK

Project State

NC

Project Zip

27909-6765

CD

NC-01

Jobs Reported

27

NAICS Code

624210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

174100.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

175058.74

Forgiveness Date

11/05/2020

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