PPP Loan information for Kornegay logging

$63,300

Kornegay logging was initially approved for PPP Loan of amount $63,300, the current approved amount is $63,300. The loan was approved on 05/05/2020 by The First Bank reported 11 jobs and $63,300 was used to fund payroll.

Kornegay logging is Existing or more than 2 years old

PPP Loan Search / NC / MOUNT OLIVE / Kornegay logging

KORNEGAY LOGGING

Date Approved

05/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

KORNEGAY LOGGING

Borrower Address

1404 Red Hill Road

Borrower City

MOUNT OLIVE

Borrower State

NC

Borrower Zip

28365

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63300.00

Current Approval Amount

63300.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOUNT OLIVE

Project County Name

WAYNE

Project State

NC

Project Zip

28365-0001

CD

NC-13

Jobs Reported

11

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

63300.00

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

Sole Proprietorship

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

63785.30

Forgiveness Date

02/16/2021

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