PPP Loan information for Southern gem nursery

$62,980

Southern gem nursery was initially approved for PPP Loan of amount $62,980, the current approved amount is $62,980. The loan was approved on 04/27/2020 by The Alliance Bank & Trust Company reported 13 jobs and $62,980 was used to fund payroll.

Southern gem nursery is Existing or more than 2 years old

SOUTHERN GEM NURSERY

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTHERN GEM NURSERY

Borrower Address

126 MAGEL ROAD

Borrower City

Shelby

Borrower State

NC

Borrower Zip

28152-6906

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62980.00

Current Approval Amount

62980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

388147

Servicing Lender Name

Alliance Bank & Trust Company

Servicing Lender Address

292 W Main Ave

Servicing Lender City

GASTONIA

Servicing Lender State

NC

Servicing Lender Zip

28052-4112

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shelby

Project County Name

CLEVELAND

Project State

NC

Project Zip

28152-6906

CD

NC-10

Jobs Reported

13

NAICS Code

111421

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62980.00

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

388147

Originating Lender

Alliance Bank & Trust Company

Originating Lender City

GASTONIA

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63615.05

Forgiveness Date

04/28/2021

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