PPP Loan information for Lutheran home - wilmington inc.

$1,095,300

Lutheran home - wilmington inc. was initially approved for PPP Loan of amount $1,095,300, the current approved amount is $1,095,300. The loan was approved on 05/20/2021 by The Mechanics & Farmers Bank reported 164 jobs and $1,095,300 was used to fund payroll.

Lutheran home - wilmington inc. is Existing or more than 2 years old

PPP Loan Search / NC / Wilmington / Lutheran home - wilmington inc.

LUTHERAN HOME - WILMINGTON INC.

Date Approved

05/20/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LUTHERAN HOME - WILMINGTON INC.

Borrower Address

631 Junction Creek Dr

Borrower City

Wilmington

Borrower State

NC

Borrower Zip

28412-2296

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1095300.00

Current Approval Amount

1095300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50708

Servicing Lender Name

Mechanics & Farmers Bank

Servicing Lender Address

2634 Durham-Chapel Hill Blvd

Servicing Lender City

DURHAM

Servicing Lender State

NC

Servicing Lender Zip

27707-2800

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28412-2296

CD

NC-07

Jobs Reported

164

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1095297.00

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

501(c)3 – Non Profit

Originating Lender Location Id

50708

Originating Lender

Mechanics & Farmers Bank

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1105232.72

Forgiveness Date

04/21/2022

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