PPP Loan information for Carolina home mortgage

$171,000

Carolina home mortgage was initially approved for PPP Loan of amount $375,000, the current approved amount is $171,000. The loan was approved on 04/13/2020 by The Customers Bank reported 14 jobs and $171,000 was used to fund payroll.

Carolina home mortgage is Existing or more than 2 years old

PPP Loan Search / NC / Chapel Hill / Carolina home mortgage

CAROLINA HOME MORTGAGE

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAROLINA HOME MORTGAGE

Borrower Address

1506 East Franklin Street,Ste 201

Borrower City

Chapel Hill

Borrower State

NC

Borrower Zip

27514

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375000.00

Current Approval Amount

171000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chapel Hill

Project County Name

ORANGE

Project State

NC

Project Zip

27514-0001

CD

NC-04

Jobs Reported

14

NAICS Code

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

171000.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

171824.55

Forgiveness Date

11/05/2020

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