PPP Loan information for L.f.r. grain & chemical, inc.

$102,975

L.f.r. grain & chemical, inc. was initially approved for PPP Loan of amount $102,975, the current approved amount is $102,975. The loan was approved on 04/16/2020 by The AgSouth Farm Credit, ACA reported 14 jobs and $102,975 was used to fund payroll.

L.f.r. grain & chemical, inc. is Existing or more than 2 years old

PPP Loan Search / NC / NEWTON / L.f.r. grain & chemical, inc.

L.F.R. GRAIN & CHEMICAL, INC.

Date Approved

04/16/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

L.F.R. GRAIN & CHEMICAL, INC.

Borrower Address

2952 LOU HOYLE LN

Borrower City

NEWTON

Borrower State

NC

Borrower Zip

28658-8837

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102975.00

Current Approval Amount

102975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238223

Servicing Lender Name

AgSouth Farm Credit, ACA

Servicing Lender Address

P.O. Box 718 40 S. Main Street

Servicing Lender City

STATESBORO

Servicing Lender State

GA

Servicing Lender Zip

30459

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

CATAWBA

Project State

NC

Project Zip

28658-8837

CD

NC-10

Jobs Reported

14

NAICS Code

111199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

83975.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

528982

Originating Lender

Carolina Farm Credit, ACA

Originating Lender City

Statesville

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

104004.75

Forgiveness Date

04/26/2021

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