PPP Loan information for Labor source, inc.

$228,500

Labor source, inc. was initially approved for PPP Loan of amount $228,500, the current approved amount is $228,500. The loan was approved on 04/14/2020 by The American National Bank and Trust Company reported 40 jobs and $228,500 was used to fund payroll.

Labor source, inc. is Existing or more than 2 years old

PPP Loan Search / NC / HIGH POINT / Labor source, inc.

LABOR SOURCE, INC.

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LABOR SOURCE, INC.

Borrower Address

2640 Willard Dairy Road, Suite 102

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27265

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

228500.00

Current Approval Amount

228500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HIGH POINT

Project County Name

GUILFORD

Project State

NC

Project Zip

27265-0001

CD

NC-06

Jobs Reported

40

NAICS Code

813930

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

227180.00

Mortgage Interest Proceed

1320.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230137.58

Forgiveness Date

01/07/2021

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