PPP Loan information for Cabarrus al holdings llc

$498,385

Cabarrus al holdings llc was initially approved for PPP Loan of amount $498,385, the current approved amount is $498,385. The loan was approved on 04/11/2020 by The Valley National Bank reported 74 jobs and $498,385 was used to fund payroll.

Cabarrus al holdings llc is Existing or more than 2 years old

CABARRUS AL HOLDINGS LLC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CABARRUS AL HOLDINGS LLC

Borrower Address

4968 Milestone Avenue

Borrower City

KANNAPOLIS

Borrower State

NC

Borrower Zip

28081-4503

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

498385.00

Current Approval Amount

498385.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KANNAPOLIS

Project County Name

CABARRUS

Project State

NC

Project Zip

28081-4503

CD

NC-12

Jobs Reported

74

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

498385.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

503147.35

Forgiveness Date

03/31/2021

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