Date Approved
04/09/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
MAJESTIC FLOOR COVERING, LLC
Borrower Address
1495 S MAIN ST
Borrower City
RANDLEMAN
Borrower State
NC
Borrower Zip
27317-7002
Loan Status Date
01/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
97900.00
Current Approval Amount
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
Servicing Lender Zip
28387-6106
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
RANDOLPH
Project State
Project Zip
CD
NC-09
Jobs Reported
7
NAICS Code
442210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
24475.00
Payroll Proceed
73425.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
98514.22
Forgiveness Date
12/08/2020