PPP Loan information for The vernon law firm, a professional association

$237,663

The vernon law firm, a professional association was initially approved for PPP Loan of amount $237,663, the current approved amount is $237,663. The loan was approved on 04/29/2020 by The Truist Bank reported 23 jobs and $237,663 was used to fund payroll.

The vernon law firm, a professional association is Existing or more than 2 years old

THE VERNON LAW FIRM, A PROFESSIONAL ASSOCIATION

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE VERNON LAW FIRM, A PROFESSIONAL ASSOCIATION

Borrower Address

522 South Lexington Ave

Borrower City

Burlington

Borrower State

NC

Borrower Zip

27215

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237663.00

Current Approval Amount

237663.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

ALAMANCE

Project State

NC

Project Zip

27215-0001

CD

NC-04

Jobs Reported

23

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

237663.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

239603.91

Forgiveness Date

03/02/2021

;