PPP Loan information for Conover lumber company inc

$116,785

Conover lumber company inc was initially approved for PPP Loan of amount $116,785, the current approved amount is $116,785. The loan was approved on 02/06/2021 by The Peoples Bank reported 14 jobs and $116,785 was used to fund payroll.

Conover lumber company inc is Existing or more than 2 years old

PPP Loan Search / NC / CONOVER / Conover lumber company inc

CONOVER LUMBER COMPANY INC

Date Approved

02/06/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CONOVER LUMBER COMPANY INC

Borrower Address

311 CONOVER BLVD W

Borrower City

CONOVER

Borrower State

NC

Borrower Zip

28613

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

116785.00

Current Approval Amount

116785.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONOVER

Project County Name

CATAWBA

Project State

NC

Project Zip

28613

CD

NC-05

Jobs Reported

14

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

116783.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

117949.61

Forgiveness Date

02/10/2022

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