PPP Loan information for Conover lumber company inc.

$116,700

Conover lumber company inc. was initially approved for PPP Loan of amount $116,700, the current approved amount is $116,700. The loan was approved on 04/08/2020 by The Peoples Bank reported 14 jobs and $116,700 was used to fund payroll.

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

CONOVER LUMBER COMPANY INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CONOVER LUMBER COMPANY INC.

Borrower Address

311 Conover Blvd W

Borrower City

CONOVER

Borrower State

NC

Borrower Zip

28613-1923

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116700.00

Current Approval Amount

116700.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

CONOVER

Project County Name

CATAWBA

Project State

NC

Project Zip

28613-1923

CD

NC-10

Jobs Reported

14

NAICS Code

321113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

116700.00

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

107328.34

Forgiveness Date

11/17/2020

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