PPP Loan information for Concord wedding center inc

$69,060

Concord wedding center inc was initially approved for PPP Loan of amount $69,060, the current approved amount is $69,060. The loan was approved on 01/29/2021 by The Farmers & Merchants Bank reported 5 jobs and $69,060 was used to fund payroll.

Concord wedding center inc is Existing or more than 2 years old

PPP Loan Search / NC / Kannapolis / Concord wedding center inc

CONCORD WEDDING CENTER INC

Date Approved

01/29/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CONCORD WEDDING CENTER INC

Borrower Address

875 Cloverleaf Plz

Borrower City

Kannapolis

Borrower State

NC

Borrower Zip

28083-6987

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69059.67

Current Approval Amount

69059.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kannapolis

Project County Name

CABARRUS

Project State

NC

Project Zip

28083-6987

CD

NC-12

Jobs Reported

5

NAICS Code

532289

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

69054.67

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

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69896.06

Forgiveness Date

04/26/2022

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