PPP Loan information for Prieto brothers corporation

$500,000

Prieto brothers corporation was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/04/2020 by The City National Bank of Florida reported 50 jobs and $500,000 was used to fund payroll.

Prieto brothers corporation is Existing or more than 2 years old

PRIETO BROTHERS CORPORATION

Date Approved

04/04/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PRIETO BROTHERS CORPORATION

Borrower Address

419 B Peach Orchard Rd

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28147-8318

Loan Status Date

Loan Status

Exemption 4

Term

14

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17124

Servicing Lender Name

City National Bank of Florida

Servicing Lender Address

100 SE 2nd St

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33131

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ROWAN

Project State

NC

Project Zip

28147-8318

CD

NC-08

Jobs Reported

50

NAICS Code

484121

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

125000.00

Payroll Proceed

375000.00

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

Corporation

Originating Lender Location Id

17124

Originating Lender

City National Bank of Florida

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5977.32

Forgiveness Date

02/14/2023

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