PPP Loan information for Lazy 5 ranch inc

$152,400

Lazy 5 ranch inc was initially approved for PPP Loan of amount $152,400, the current approved amount is $152,400. The loan was approved on 04/08/2020 by The Peoples Bank reported 43 jobs and $152,400 was used to fund payroll.

Lazy 5 ranch inc is Existing or more than 2 years old

LAZY 5 RANCH INC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LAZY 5 RANCH INC

Borrower Address

15100 MOORESVILLE RD

Borrower City

MOORESVILLE

Borrower State

NC

Borrower Zip

28115-7245

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152400.00

Current Approval Amount

152400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOORESVILLE

Project County Name

ROWAN

Project State

NC

Project Zip

28115-7245

CD

NC-08

Jobs Reported

43

NAICS Code

712130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

152400.00

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

Subchapter S Corporation

Originating Lender Location Id

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

154012.90

Forgiveness Date

05/06/2021

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