PPP Loan information for Art is love holdings, llc

$1,651,700

Art is love holdings, llc was initially approved for PPP Loan of amount $1,651,700, the current approved amount is $1,651,700. The loan was approved on 04/07/2020 by The First Resource Bank reported 114 jobs and $1,651,700 was used to fund payroll.

Art is love holdings, llc is Existing or more than 2 years old

ART IS LOVE HOLDINGS, LLC

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ART IS LOVE HOLDINGS, LLC

Borrower Address

406 E Main St

Borrower City

CARRBORO

Borrower State

NC

Borrower Zip

27510-2314

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1651700.00

Current Approval Amount

1651700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434662

Servicing Lender Name

First Resource Bank

Servicing Lender Address

7449 Village Dr

Servicing Lender City

LINO LAKES

Servicing Lender State

MN

Servicing Lender Zip

55014-1181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARRBORO

Project County Name

ORANGE

Project State

NC

Project Zip

27510-2314

CD

NC-04

Jobs Reported

114

NAICS Code

453920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

42345.00

Payroll Proceed

1343641.00

Mortgage Interest Proceed

153768.00

Rent Proceed

111946.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

434662

Originating Lender

First Resource Bank

Originating Lender City

LINO LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1662379.48

Forgiveness Date

12/09/2020

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