PPP Loan information for Jacob shugart farms

$47,985

Jacob shugart farms was initially approved for PPP Loan of amount $47,985, the current approved amount is $47,985. The loan was approved on 07/24/2020 by The AgSouth Farm Credit, ACA reported 5 jobs and $47,985 was used to fund payroll.

Jacob shugart farms is Existing or more than 2 years old

JACOB SHUGART FARMS

Date Approved

07/24/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

JACOB SHUGART FARMS

Borrower Address

1805 Hinshaw Rd.

Borrower City

Yadkinville

Borrower State

NC

Borrower Zip

27055-5210

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47985.42

Current Approval Amount

47985.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238223

Servicing Lender Name

AgSouth Farm Credit, ACA

Servicing Lender Address

P.O. Box 718 40 S. Main Street

Servicing Lender City

STATESBORO

Servicing Lender State

GA

Servicing Lender Zip

30459

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Yadkinville

Project County Name

YADKIN

Project State

NC

Project Zip

27055-5210

CD

NC-05

Jobs Reported

5

NAICS Code

111910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5200.00

Payroll Proceed

42785.42

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

Sole Proprietorship

Originating Lender Location Id

528982

Originating Lender

Carolina Farm Credit, ACA

Originating Lender City

Statesville

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48362.73

Forgiveness Date

05/12/2021

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