PPP Loan information for Crabtree development corp

$1,703,700

Crabtree development corp was initially approved for PPP Loan of amount $119,100, the current approved amount is $1,703,700. The loan was approved on 01/31/2021 by The Newtek Small Business Finance, Inc. reported 12 jobs and $1,703,700 was used to fund payroll.

Crabtree development corp is Existing or more than 2 years old

PPP Loan Search / NC / Raleigh / Crabtree development corp

CRABTREE DEVELOPMENT CORP

Date Approved

01/31/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CRABTREE DEVELOPMENT CORP

Borrower Address

509 Pylon Dr

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27606-1414

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119100.00

Current Approval Amount

1703700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Raleigh

Project County Name

WAKE

Project State

NC

Project Zip

27606-1414

CD

NC-02

Jobs Reported

12

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1703700.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1616558.09

Forgiveness Date

01/19/2023

;