PPP Loan information for Olde towne development corporation, inc.

$55,950

Olde towne development corporation, inc. was initially approved for PPP Loan of amount $55,950, the current approved amount is $55,950. The loan was approved on 05/01/2020 by The Coastal Bank & Trust reported 4 jobs and $55,950 was used to fund payroll.

Olde towne development corporation, inc. is Existing or more than 2 years old

PPP Loan Search / NC / BEAUFORT / Olde towne development corporation, inc.

OLDE TOWNE DEVELOPMENT CORPORATION, INC.

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

OLDE TOWNE DEVELOPMENT CORPORATION, INC.

Borrower Address

805 Front St.

Borrower City

BEAUFORT

Borrower State

NC

Borrower Zip

28516

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55950.00

Current Approval Amount

55950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

463909

Servicing Lender Name

Coastal Bank & Trust

Servicing Lender Address

2414 N Marine Blvd

Servicing Lender City

JACKSONVILLE

Servicing Lender State

NC

Servicing Lender Zip

28546-6907

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEAUFORT

Project County Name

CARTERET

Project State

NC

Project Zip

28516-0001

CD

NC-03

Jobs Reported

4

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55950.00

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

Subchapter S Corporation

Originating Lender Location Id

463909

Originating Lender

Coastal Bank & Trust

Originating Lender City

JACKSONVILLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56371.18

Forgiveness Date

02/04/2021

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