PPP Loan information for Common ground distributors inc.

$120,880

Common ground distributors inc. was initially approved for PPP Loan of amount $120,880, the current approved amount is $120,880. The loan was approved on 03/06/2021 by The LendingClub Bank, National Association reported 15 jobs and $120,880 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

03/06/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

COMMON GROUND DISTRIBUTORS INC.

Borrower Address

115 Fairview Rd

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28803-2307

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120880.00

Current Approval Amount

120880.00

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

N

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

15

NAICS Code

423990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

120878.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

121497.96

Forgiveness Date

10/06/2021

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