PPP Loan information for Lail builders inc

$58,485

Lail builders inc was initially approved for PPP Loan of amount $58,485, the current approved amount is $58,485. The loan was approved on 03/25/2021 by The First Horizon Bank reported 8 jobs and $58,485 was used to fund payroll.

Lail builders inc is Existing or more than 2 years old

PPP Loan Search / NC / Hickory / Lail builders inc

LAIL BUILDERS INC

Date Approved

03/25/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LAIL BUILDERS INC

Borrower Address

4930 Carolina Mill Rd

Borrower City

Hickory

Borrower State

NC

Borrower Zip

28602-9557

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58485.00

Current Approval Amount

58485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hickory

Project County Name

BURKE

Project State

NC

Project Zip

28602-9557

CD

NC-10

Jobs Reported

8

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

58481.00

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

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58767.68

Forgiveness Date

09/27/2021

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