PPP Loan information for Balella, llc

$103,800

Balella, llc was initially approved for PPP Loan of amount $103,800, the current approved amount is $103,800. The loan was approved on 07/15/2020 by The First Bank reported 6 jobs and $103,800 was used to fund payroll.

Balella, llc is Existing or more than 2 years old

BALELLA, LLC

Date Approved

07/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BALELLA, LLC

Borrower Address

10420 NEW TOWN RD

Borrower City

WAXHAW

Borrower State

NC

Borrower Zip

28173-8583

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103800.00

Current Approval Amount

103800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAXHAW

Project County Name

UNION

Project State

NC

Project Zip

28173-8583

CD

NC-08

Jobs Reported

6

NAICS Code

518210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5190.00

Payroll Proceed

83040.00

Mortgage Interest Proceed

15570.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

104331.80

Forgiveness Date

01/20/2021

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