PPP Loan information for Fosters market inc

$447,938

Fosters market inc was initially approved for PPP Loan of amount $447,938, the current approved amount is $447,938. The loan was approved on 02/23/2021 by The Truist Bank reported 30 jobs and $447,938 was used to fund payroll.

Fosters market inc is Existing or more than 2 years old

FOSTERS MARKET INC

Date Approved

02/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

FOSTERS MARKET INC

Borrower Address

2694 Durham Chapel Hill Blvd

Borrower City

Durham

Borrower State

NC

Borrower Zip

27707-2829

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

447938.47

Current Approval Amount

447938.47

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

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27707-2829

CD

NC-04

Jobs Reported

30

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

447938.47

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

451186.02

Forgiveness Date

11/26/2021

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