PPP Loan information for Laurens memorial home for the aged, inc

$99,900

Laurens memorial home for the aged, inc was initially approved for PPP Loan of amount $99,900, the current approved amount is $99,900. The loan was approved on 04/15/2020 by The Arthur State Bank reported 20 jobs and $99,900 was used to fund payroll.

Laurens memorial home for the aged, inc is Existing or more than 2 years old

LAURENS MEMORIAL HOME FOR THE AGED, INC

Date Approved

04/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

LAURENS MEMORIAL HOME FOR THE AGED, INC

Borrower Address

3744 TORRINGTON RD

Borrower City

LAURENS

Borrower State

SC

Borrower Zip

29360-7745

Loan Status Date

04/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99900.00

Current Approval Amount

99900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66364

Servicing Lender Name

Arthur State Bank

Servicing Lender Address

100 E Main St

Servicing Lender City

UNION

Servicing Lender State

SC

Servicing Lender Zip

29379-2325

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAURENS

Project County Name

LAURENS

Project State

SC

Project Zip

29360-7745

CD

SC-03

Jobs Reported

20

NAICS Code

623110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

19980.00

Payroll Proceed

79920.00

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

Non-Profit Organization

Originating Lender Location Id

66364

Originating Lender

Arthur State Bank

Originating Lender City

UNION

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

100835.18

Forgiveness Date

03/24/2021

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