PPP Loan information for Oriental orchid inc

$53,347

Oriental orchid inc was initially approved for PPP Loan of amount $53,347, the current approved amount is $53,347. The loan was approved on 03/17/2021 by The Truist Bank reported 7 jobs and $53,347 was used to fund payroll.

Oriental orchid inc is Existing or more than 2 years old

ORIENTAL ORCHID INC

Date Approved

03/17/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ORIENTAL ORCHID INC

Borrower Address

1404 N Sandhills Blvd

Borrower City

Aberdeen

Borrower State

NC

Borrower Zip

28315-2302

Loan Status Date

01/13/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

53347.00

Current Approval Amount

53347.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Aberdeen

Project County Name

MOORE

Project State

NC

Project Zip

28315-2302

CD

NC-09

Jobs Reported

7

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

53346.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54215.37

Forgiveness Date

12/14/2022

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