PPP Loan information for Lake royale property owners association

$304,885

Lake royale property owners association was initially approved for PPP Loan of amount $304,885, the current approved amount is $304,885. The loan was approved on 04/28/2020 by The Providence Bank reported 28 jobs and $304,885 was used to fund payroll.

Lake royale property owners association is Existing or more than 2 years old

PPP Loan Search / NC / LOUISBURG / Lake royale property owners association

LAKE ROYALE PROPERTY OWNERS ASSOCIATION

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LAKE ROYALE PROPERTY OWNERS ASSOCIATION

Borrower Address

9022 LAKE ROYALE

Borrower City

LOUISBURG

Borrower State

NC

Borrower Zip

27549-7026

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

304885.00

Current Approval Amount

304885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438379

Servicing Lender Name

Providence Bank

Servicing Lender Address

450 N Winstead Ave

Servicing Lender City

ROCKY MOUNT

Servicing Lender State

NC

Servicing Lender Zip

27804-2229

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOUISBURG

Project County Name

FRANKLIN

Project State

NC

Project Zip

27549-7026

CD

NC-01

Jobs Reported

28

NAICS Code

813990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

304885.00

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

Non-Profit Organization

Originating Lender Location Id

438379

Originating Lender

Providence Bank

Originating Lender City

ROCKY MOUNT

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

307491.14

Forgiveness Date

03/11/2021

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