PPP Loan information for Mothers & sons llc

$416,052

Mothers & sons llc was initially approved for PPP Loan of amount $416,052, the current approved amount is $416,052. The loan was approved on 01/26/2021 by The Pinnacle Bank reported 38 jobs and $416,052 was used to fund payroll.

Mothers & sons llc is Existing or more than 2 years old

PPP Loan Search / NC / DURHAM / Mothers & sons llc

MOTHERS & SONS LLC

Date Approved

01/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MOTHERS & SONS LLC

Borrower Address

107 CHAPEL HILL ST

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27701

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

416052.00

Current Approval Amount

416052.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27701

CD

NC-04

Jobs Reported

38

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

416048.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

420850.85

Forgiveness Date

03/28/2022

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