Date Approved
04/15/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
GAO FAMILY FOODS, INC.
Borrower Address
6 S. Lake Park Blvd
Borrower City
Carolina Beach
Borrower State
NC
Borrower Zip
28428
Loan Status Date
04/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
62800.00
Current Approval Amount
57860.00
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
Servicing Lender Zip
28202-1078
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NEW HANOVER
Project State
Project Zip
28428-0001
CD
NC-07
Jobs Reported
18
NAICS Code
722511
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
58321.27
Forgiveness Date
02/25/2021