PPP Loan information for Carolon company

$929,995

Carolon company was initially approved for PPP Loan of amount $929,995, the current approved amount is $929,995. The loan was approved on 03/20/2021 by The Wells Fargo Bank, National Association reported 76 jobs and $929,995 was used to fund payroll.

Carolon company is Existing or more than 2 years old

CAROLON COMPANY

Date Approved

03/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CAROLON COMPANY

Borrower Address

601 Forum Pkwy

Borrower City

Rural Hall

Borrower State

NC

Borrower Zip

27045-8934

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

929995.00

Current Approval Amount

929995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rural Hall

Project County Name

FORSYTH

Project State

NC

Project Zip

27045-8934

CD

NC-05

Jobs Reported

76

NAICS Code

339112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

929993.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

941970.28

Forgiveness Date

07/06/2022

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