PPP Loan information for The basswood group

$187,953

The basswood group was initially approved for PPP Loan of amount $187,953, the current approved amount is $187,953. The loan was approved on 01/30/2021 by The Cross River Bank reported 33 jobs and $187,953 was used to fund payroll.

The basswood group is Existing or more than 2 years old

PPP Loan Search / NC / Huntersville / The basswood group

THE BASSWOOD GROUP

Date Approved

01/30/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

THE BASSWOOD GROUP

Borrower Address

10010 Rose Commons Dr

Borrower City

Huntersville

Borrower State

NC

Borrower Zip

28078-3336

Loan Status Date

09/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

187953.00

Current Approval Amount

187953.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Huntersville

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28078-3336

CD

NC-12

Jobs Reported

33

NAICS Code

721199

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

187951.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

190908.75

Forgiveness Date

08/31/2022

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