PPP Loan information for Michael sanderson sr.

$18,470

Michael sanderson sr. was initially approved for PPP Loan of amount $18,470, the current approved amount is $18,470. The loan was approved on 02/11/2021 by The Southern Bank and Trust Company reported 1 jobs and $18,470 was used to fund payroll.

Michael sanderson sr. is Existing or more than 2 years old

MICHAEL SANDERSON SR.

Date Approved

02/11/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MICHAEL SANDERSON SR.

Borrower Address

1905 Guinea Town Rd

Borrower City

Kinston

Borrower State

NC

Borrower Zip

28501-6928

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18470.00

Current Approval Amount

18470.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kinston

Project County Name

JONES

Project State

NC

Project Zip

28501-6928

CD

NC-03

Jobs Reported

1

NAICS Code

112320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18470.00

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

Sole Proprietorship

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18613.66

Forgiveness Date

11/26/2021

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