PPP Loan information for Sears nursing home, llc

$660,595

Sears nursing home, llc was initially approved for PPP Loan of amount $660,595, the current approved amount is $660,595. The loan was approved on 04/14/2020 by The Morris Bank reported 90 jobs and $660,595 was used to fund payroll.

Sears nursing home, llc is Existing or more than 2 years old

PPP Loan Search / GA / BRUNSWICK / Sears nursing home, llc

SEARS NURSING HOME, LLC

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SEARS NURSING HOME, LLC

Borrower Address

3311 LEE ST

Borrower City

BRUNSWICK

Borrower State

GA

Borrower Zip

31520-4120

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

660595.00

Current Approval Amount

660595.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19412

Servicing Lender Name

Morris Bank

Servicing Lender Address

301 Bellevue Ave

Servicing Lender City

DUBLIN

Servicing Lender State

GA

Servicing Lender Zip

31021-6105

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRUNSWICK

Project County Name

GLYNN

Project State

GA

Project Zip

31520-4120

CD

GA-01

Jobs Reported

90

NAICS Code

623110

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

26292.00

Payroll Proceed

545888.00

Mortgage Interest Proceed

0.00

Rent Proceed

66295.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22120.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

19412

Originating Lender

Morris Bank

Originating Lender City

DUBLIN

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

668173.49

Forgiveness Date

06/11/2021

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