PPP Loan information for Mcrae roofing inc.

$559,000

Mcrae roofing inc. was initially approved for PPP Loan of amount $559,000, the current approved amount is $559,000. The loan was approved on 04/15/2020 by The First Horizon Bank reported 55 jobs and $559,000 was used to fund payroll.

Mcrae roofing inc. is Existing or more than 2 years old

PPP Loan Search / NC / ASHEBORO / Mcrae roofing inc.

MCRAE ROOFING INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MCRAE ROOFING INC.

Borrower Address

2147 N FAYETTEVILLE ST

Borrower City

ASHEBORO

Borrower State

NC

Borrower Zip

27203-3263

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

559000.00

Current Approval Amount

559000.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

ASHEBORO

Project County Name

RANDOLPH

Project State

NC

Project Zip

27203-3263

CD

NC-09

Jobs Reported

55

NAICS Code

238160

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

559000.00

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

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

566499.92

Forgiveness Date

08/30/2021

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