PPP Loan information for New bern 17/70, inc 2016

$114,071

New bern 17/70, inc 2016 was initially approved for PPP Loan of amount $114,071, the current approved amount is $114,071. The loan was approved on 04/16/2020 by The First Horizon Bank reported 24 jobs and $114,071 was used to fund payroll.

New bern 17/70, inc 2016 is Existing or more than 2 years old

NEW BERN 17/70, INC 2016

Date Approved

04/16/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEW BERN 17/70, INC 2016

Borrower Address

1255 CRESCENT GREEN STE 105

Borrower City

CARY

Borrower State

NC

Borrower Zip

27518-8124

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114071.00

Current Approval Amount

114071.00

Undisbursed Amount

0.00

Franchise Name

Smithfield Chicken 'N Bar-B-Q/S.C.N.B. Chicken 'N Bar-B-Q

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARY

Project County Name

WAKE

Project State

NC

Project Zip

27518-8124

CD

NC-13

Jobs Reported

24

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14000.00

Payroll Proceed

91257.00

Mortgage Interest Proceed

0.00

Rent Proceed

2300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6514.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

115360.64

Forgiveness Date

06/14/2021

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