PPP Loan information for Charles & colvard, ltd.

$965,000

Charles & colvard, ltd. was initially approved for PPP Loan of amount $965,000, the current approved amount is $965,000. The loan was approved on 05/01/2020 by The Newtek Small Business Finance, Inc. reported 64 jobs and $965,000 was used to fund payroll.

Charles & colvard, ltd. is Existing or more than 2 years old

PPP Loan Search / NC / Morrisville / Charles & colvard, ltd.

CHARLES & COLVARD, LTD.

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CHARLES & COLVARD, LTD.

Borrower Address

170 Southport Dr

Borrower City

Morrisville

Borrower State

NC

Borrower Zip

27560-7327

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

965000.00

Current Approval Amount

965000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morrisville

Project County Name

WAKE

Project State

NC

Project Zip

27560-7327

CD

NC-02

Jobs Reported

64

NAICS Code

339910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

965000.00

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

Corporation

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

974944.86

Forgiveness Date

06/24/2021

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