PPP Loan information for Central carolina products inc

$877,048

Central carolina products inc was initially approved for PPP Loan of amount $877,048, the current approved amount is $877,048. The loan was approved on 02/18/2021 by The American National Bank and Trust Company reported 105 jobs and $877,048 was used to fund payroll.

Central carolina products inc is Existing or more than 2 years old

PPP Loan Search / NC / Burlington / Central carolina products inc

CENTRAL CAROLINA PRODUCTS INC

Date Approved

02/18/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CENTRAL CAROLINA PRODUCTS INC

Borrower Address

250 W Old Glencoe Rd

Borrower City

Burlington

Borrower State

NC

Borrower Zip

27217-8293

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

877047.50

Current Approval Amount

877047.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

ALAMANCE

Project State

NC

Project Zip

27217-8293

CD

NC-04

Jobs Reported

105

NAICS Code

326199

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

877045.50

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

Subchapter S Corporation

Originating Lender Location Id

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

884331.87

Forgiveness Date

12/16/2021

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