PPP Loan information for Hope mills retirement center

$119,105

Hope mills retirement center was initially approved for PPP Loan of amount $119,105, the current approved amount is $119,105. The loan was approved on 06/01/2020 by The Truist Bank reported 20 jobs and $119,105 was used to fund payroll.

Hope mills retirement center is Existing or more than 2 years old

HOPE MILLS RETIREMENT CENTER

Date Approved

06/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

HOPE MILLS RETIREMENT CENTER

Borrower Address

4217 ELK RD

Borrower City

HOPE MILLS

Borrower State

NC

Borrower Zip

28348

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119105.00

Current Approval Amount

119105.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPE MILLS

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28348-8483

CD

NC-07

Jobs Reported

20

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

119105.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120077.69

Forgiveness Date

04/26/2021

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