PPP Loan information for J.t. russell and sons, incorporated

$1,671,260

J.t. russell and sons, incorporated was initially approved for PPP Loan of amount $1,671,260, the current approved amount is $1,671,260. The loan was approved on 04/07/2020 by The The Park National Bank reported 134 jobs and $1,671,260 was used to fund payroll.

J.t. russell and sons, incorporated is Existing or more than 2 years old

PPP Loan Search / NC / ALBEMARLE / J.t. russell and sons, incorporated

J.T. RUSSELL AND SONS, INCORPORATED

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

J.T. RUSSELL AND SONS, INCORPORATED

Borrower Address

221 Snuggs St

Borrower City

ALBEMARLE

Borrower State

NC

Borrower Zip

28001-2617

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1671260.00

Current Approval Amount

1671260.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBEMARLE

Project County Name

STANLY

Project State

NC

Project Zip

28001-2617

CD

NC-08

Jobs Reported

134

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1671260.00

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

Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1683805.90

Forgiveness Date

01/25/2021

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