PPP Loan information for Paul powers construction

$49,800

Paul powers construction was initially approved for PPP Loan of amount $49,800, the current approved amount is $49,800. The loan was approved on 04/28/2020 by The First Bank reported 3 jobs and $49,800 was used to fund payroll.

Paul powers construction is Existing or more than 2 years old

PPP Loan Search / NC / ASHEBORO / Paul powers construction

PAUL POWERS CONSTRUCTION

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PAUL POWERS CONSTRUCTION

Borrower Address

138 Moore Rd.

Borrower City

ASHEBORO

Borrower State

NC

Borrower Zip

27205

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49800.00

Current Approval Amount

49800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHEBORO

Project County Name

RANDOLPH

Project State

NC

Project Zip

27205-0100

CD

NC-09

Jobs Reported

3

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49800.00

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

Sole Proprietorship

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50165.20

Forgiveness Date

01/26/2021

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