PPP Loan information for Loflin concrete co. inc.

$557,000

Loflin concrete co. inc. was initially approved for PPP Loan of amount $557,000, the current approved amount is $557,000. The loan was approved on 02/26/2021 by The First-Citizens Bank & Trust Company reported 49 jobs and $557,000 was used to fund payroll.

Loflin concrete co. inc. is Existing or more than 2 years old

LOFLIN CONCRETE CO. INC.

Date Approved

02/26/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LOFLIN CONCRETE CO. INC.

Borrower Address

2105 Pisgah Church Rd

Borrower City

Kernersville

Borrower State

NC

Borrower Zip

27284-8063

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

557000.00

Current Approval Amount

557000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kernersville

Project County Name

FORSYTH

Project State

NC

Project Zip

27284-8063

CD

NC-06

Jobs Reported

49

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

556994.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

559853.67

Forgiveness Date

09/22/2021

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