PPP Loan information for Life, inc.

$2,494,600

Life, inc. was initially approved for PPP Loan of amount $2,494,600, the current approved amount is $2,494,600. The loan was approved on 04/27/2020 by The First Bank reported 462 jobs and $2,494,600 was used to fund payroll.

Life, inc. is Existing or more than 2 years old

PPP Loan Search / NC / GOLDSBORO / Life, inc.

LIFE, INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LIFE, INC.

Borrower Address

2609 Royall Avenue

Borrower City

GOLDSBORO

Borrower State

NC

Borrower Zip

27534

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2494600.00

Current Approval Amount

2494600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GOLDSBORO

Project County Name

WAYNE

Project State

NC

Project Zip

27534-0001

CD

NC-03

Jobs Reported

462

NAICS Code

921190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

155912.50

Payroll Proceed

1870950.00

Mortgage Interest Proceed

467737.50

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2522279.81

Forgiveness Date

06/16/2021

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