PPP Loan information for French broad chocolate

$744,600

French broad chocolate was initially approved for PPP Loan of amount $744,600, the current approved amount is $744,600. The loan was approved on 03/12/2021 by The First Bank reported 70 jobs and $744,600 was used to fund payroll.

French broad chocolate is Existing or more than 2 years old

FRENCH BROAD CHOCOLATE

Date Approved

03/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

FRENCH BROAD CHOCOLATE

Borrower Address

821 Riverside Dr

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28801-0122

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

744600.00

Current Approval Amount

744600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

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

28801-0122

CD

NC-11

Jobs Reported

70

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

744595.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

752480.35

Forgiveness Date

04/11/2022

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