PPP Loan information for Classic enterprises of locust inc

$31,250

Classic enterprises of locust inc was initially approved for PPP Loan of amount $31,250, the current approved amount is $31,250. The loan was approved on 01/22/2021 by The Uwharrie Bank reported 2 jobs and $31,250 was used to fund payroll.

Classic enterprises of locust inc is Existing or more than 2 years old

PPP Loan Search / NC / Locust / Classic enterprises of locust inc

CLASSIC ENTERPRISES OF LOCUST INC

Date Approved

01/22/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CLASSIC ENTERPRISES OF LOCUST INC

Borrower Address

201 S Central Ave

Borrower City

Locust

Borrower State

NC

Borrower Zip

28097-7303

Loan Status Date

07/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31250.00

Current Approval Amount

31250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Locust

Project County Name

STANLY

Project State

NC

Project Zip

28097-7303

CD

NC-08

Jobs Reported

2

NAICS Code

561990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

31248.00

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31401.04

Forgiveness Date

07/21/2021

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