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
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CABARRUS
Project State
Project Zip
CD
NC-12
Jobs Reported
74
NAICS Code
531120
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
503147.35
Forgiveness Date
03/31/2021