PPP Loan information for Cbdmd inc

$1,456,100

Cbdmd inc was initially approved for PPP Loan of amount $1,456,100, the current approved amount is $1,456,100. The loan was approved on 04/14/2020 by The Truist Bank reported 175 jobs and $1,456,100 was used to fund payroll.

Cbdmd inc is Existing or more than 2 years old

PPP Loan Search / NC / CHARLOTTE / Cbdmd inc

CBDMD INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CBDMD INC

Borrower Address

8845 RED OAK BLVD

Borrower City

CHARLOTTE

Borrower State

NC

Borrower Zip

28217-5593

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1456100.00

Current Approval Amount

1456100.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHARLOTTE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28217-5593

CD

NC-14

Jobs Reported

175

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1456100.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1471672.18

Forgiveness Date

05/17/2021

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