PPP Loan information for Russell farms inc

$20,832

Russell farms inc was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 04/30/2021 by The First Horizon Bank reported 3 jobs and $20,832 was used to fund payroll.

Russell farms inc is Existing or more than 2 years old

RUSSELL FARMS INC

Date Approved

04/30/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RUSSELL FARMS INC

Borrower Address

8416 High Pine Church Rd

Borrower City

Asheboro

Borrower State

NC

Borrower Zip

27205-8532

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Asheboro

Project County Name

RANDOLPH

Project State

NC

Project Zip

27205-8532

CD

NC-09

Jobs Reported

3

NAICS Code

112320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20832.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20950.05

Forgiveness Date

12/02/2021

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