Date Approved
04/09/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
CMG VENTURES LLC
Borrower Address
2410 GUESS RD
Borrower City
DURHAM
Borrower State
NC
Borrower Zip
27705-3305
Loan Status Date
07/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
75400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
382926
Servicing Lender Name
Coastal States Bank
Servicing Lender Address
5 Bow Circle
Servicing Lender City
HILTON HEAD ISLAND
Servicing Lender State
SC
Servicing Lender Zip
29928-7344
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
Project State
Project Zip
CD
NC-04
Jobs Reported
15
NAICS Code
532490
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
7540.00
Payroll Proceed
64090.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
3770.00
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
76306.89
Forgiveness Date
06/24/2021