PPP Loan information for Lake norman realty inc

$187,500

Lake norman realty inc was initially approved for PPP Loan of amount $187,500, the current approved amount is $187,500. The loan was approved on 04/13/2020 by The Regions Bank reported 19 jobs and $187,500 was used to fund payroll.

Lake norman realty inc is Existing or more than 2 years old

PPP Loan Search / NC / Cornelius / Lake norman realty inc

LAKE NORMAN REALTY INC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LAKE NORMAN REALTY INC

Borrower Address

20117 W Catawba Ave,

Borrower City

Cornelius

Borrower State

NC

Borrower Zip

28031-4007

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187500.00

Current Approval Amount

187500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cornelius

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28031-4007

CD

NC-12

Jobs Reported

19

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

187500.00

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

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

188527.40

Forgiveness Date

11/12/2020

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