PPP Loan information for Culp group inc.

$42,937

Culp group inc. was initially approved for PPP Loan of amount $42,937, the current approved amount is $42,937. The loan was approved on 04/07/2020 by The Peoples Bank reported 5 jobs and $42,937 was used to fund payroll.

Culp group inc. is Existing or more than 2 years old

PPP Loan Search / TN / CLIFTON / Culp group inc.

CULP GROUP INC.

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CULP GROUP INC.

Borrower Address

1799 Linden Highway

Borrower City

CLIFTON

Borrower State

TN

Borrower Zip

38425-5020

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42937.00

Current Approval Amount

42937.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66877

Servicing Lender Name

Peoples Bank

Servicing Lender Address

129 Main St

Servicing Lender City

CLIFTON

Servicing Lender State

TN

Servicing Lender Zip

38425-5545

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLIFTON

Project County Name

WAYNE

Project State

TN

Project Zip

38425-5020

CD

TN-07

Jobs Reported

5

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42937.00

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

66877

Originating Lender

Peoples Bank

Originating Lender City

CLIFTON

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

39175.96

Forgiveness Date

11/23/2020

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