PPP Loan information for Common ground distributors, inc.

$140,385

Common ground distributors, inc. was initially approved for PPP Loan of amount $140,400, the current approved amount is $140,385. The loan was approved on 05/06/2020 by The LendingClub Bank, National Association reported 18 jobs and $140,385 was used to fund payroll.

Common ground distributors, inc. is Existing or more than 2 years old

PPP Loan Search / NC / ASHEVILLE / Common ground distributors, inc.

COMMON GROUND DISTRIBUTORS, INC.

Date Approved

05/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

COMMON GROUND DISTRIBUTORS, INC.

Borrower Address

115 Fairview Rd

Borrower City

ASHEVILLE

Borrower State

NC

Borrower Zip

28803-2307

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140400.00

Current Approval Amount

140385.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111901

Servicing Lender Name

LendingClub Bank, National Association

Servicing Lender Address

2701 N Thanksgiving Way

Servicing Lender City

LEHI

Servicing Lender State

UT

Servicing Lender Zip

84043

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ASHEVILLE

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28803-2307

CD

NC-11

Jobs Reported

18

NAICS Code

423990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

140385.00

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

111901

Originating Lender

LendingClub Bank, National Association

Originating Lender City

LEHI

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

141621.17

Forgiveness Date

04/06/2021

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