PPP Loan information for Charlotte labor source inc

$601,525

Charlotte labor source inc was initially approved for PPP Loan of amount $601,525, the current approved amount is $601,525. The loan was approved on 02/03/2021 by The American National Bank and Trust Company reported 42 jobs and $601,525 was used to fund payroll.

Charlotte labor source inc is Existing or more than 2 years old

CHARLOTTE LABOR SOURCE INC

Date Approved

02/03/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CHARLOTTE LABOR SOURCE INC

Borrower Address

2640 Willard Dairy Rd Ste 102

Borrower City

High Point

Borrower State

NC

Borrower Zip

27265-8709

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

601525.00

Current Approval Amount

601525.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

High Point

Project County Name

GUILFORD

Project State

NC

Project Zip

27265-8709

CD

NC-06

Jobs Reported

42

NAICS Code

561311

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

601523.00

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

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

Non-Veteran

Non Profit

Forgiveness Amount

605869.35

Forgiveness Date

10/25/2021

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