PPP Loan information for Albemarle wood preserving plant inc.

$98,498

Albemarle wood preserving plant inc. was initially approved for PPP Loan of amount $98,498, the current approved amount is $98,498. The loan was approved on 05/13/2020 by The Uwharrie Bank reported 7 jobs and $98,498 was used to fund payroll.

Albemarle wood preserving plant inc. is Existing or more than 2 years old

PPP Loan Search / NC / Albemarle / Albemarle wood preserving plant inc.

ALBEMARLE WOOD PRESERVING PLANT INC.

Date Approved

05/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ALBEMARLE WOOD PRESERVING PLANT INC.

Borrower Address

1509 Snuggs Park Rd PO Box 181

Borrower City

Albemarle

Borrower State

NC

Borrower Zip

28002

Loan Status Date

07/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98497.70

Current Approval Amount

98497.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albemarle

Project County Name

STANLY

Project State

NC

Project Zip

28002-0001

CD

NC-08

Jobs Reported

7

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19699.70

Payroll Proceed

78798.00

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

Sole Proprietorship

Originating Lender Location Id

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

99400.60

Forgiveness Date

04/15/2021

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