PPP Loan information for Theo's corporation

$540,700

Theo's corporation was initially approved for PPP Loan of amount $540,700, the current approved amount is $540,700. The loan was approved on 02/02/2021 by The First Bank reported 76 jobs and $540,700 was used to fund payroll.

Theo's corporation is Existing or more than 2 years old

THEO'S CORPORATION

Date Approved

02/02/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

THEO'S CORPORATION

Borrower Address

528 N McPherson Church Rd

Borrower City

Fayetteville

Borrower State

NC

Borrower Zip

28303-0278

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

540700.00

Current Approval Amount

540700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fayetteville

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28303-0278

CD

NC-09

Jobs Reported

76

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

540694.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

545265.91

Forgiveness Date

12/14/2021

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