PPP Loan information for The lobster trap inc.

$245,000

The lobster trap inc. was initially approved for PPP Loan of amount $245,000, the current approved amount is $245,000. The loan was approved on 01/30/2021 by The Forbright Bank reported 28 jobs and $245,000 was used to fund payroll.

The lobster trap inc. is Existing or more than 2 years old

PPP Loan Search / NC / Asheville / The lobster trap inc.

THE LOBSTER TRAP INC.

Date Approved

01/30/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

THE LOBSTER TRAP INC.

Borrower Address

35 Patton Ave

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28801-3314

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

245000.00

Current Approval Amount

245000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Asheville

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28801-3314

CD

NC-11

Jobs Reported

28

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

245000.00

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

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

246156.94

Forgiveness Date

07/30/2021

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