PPP Loan information for Moore paint and wallpaper co. inc

$156,679

Moore paint and wallpaper co. inc was initially approved for PPP Loan of amount $172,016, the current approved amount is $156,679. The loan was approved on 04/07/2020 by The Southern Bank and Trust Company reported 15 jobs and $156,679 was used to fund payroll.

Moore paint and wallpaper co. inc is Existing or more than 2 years old

MOORE PAINT AND WALLPAPER CO. INC

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MOORE PAINT AND WALLPAPER CO. INC

Borrower Address

4321 Meadowbrook Rd

Borrower City

Rocky Mount

Borrower State

NC

Borrower Zip

27801-9713

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172016.00

Current Approval Amount

156679.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rocky Mount

Project County Name

EDGECOMBE

Project State

NC

Project Zip

27801-9713

CD

NC-01

Jobs Reported

15

NAICS Code

238320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21923.00

Payroll Proceed

125344.00

Mortgage Interest Proceed

0.00

Rent Proceed

8400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1012

Business Type

Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

157975.95

Forgiveness Date

02/10/2021

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