PPP Loan information for Moorecraft reels inc

$48,535

Moorecraft reels inc was initially approved for PPP Loan of amount $48,535, the current approved amount is $48,535. The loan was approved on 01/26/2021 by The Providence Bank reported 6 jobs and $48,535 was used to fund payroll.

Moorecraft reels inc is Existing or more than 2 years old

PPP Loan Search / NC / Tarboro / Moorecraft reels inc

MOORECRAFT REELS INC

Date Approved

01/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MOORECRAFT REELS INC

Borrower Address

101 Royster St

Borrower City

Tarboro

Borrower State

NC

Borrower Zip

27886-8845

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48535.00

Current Approval Amount

48535.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438379

Servicing Lender Name

Providence Bank

Servicing Lender Address

450 N Winstead Ave

Servicing Lender City

ROCKY MOUNT

Servicing Lender State

NC

Servicing Lender Zip

27804-2229

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tarboro

Project County Name

EDGECOMBE

Project State

NC

Project Zip

27886-8845

CD

NC-01

Jobs Reported

6

NAICS Code

321920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

48533.00

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

438379

Originating Lender

Providence Bank

Originating Lender City

ROCKY MOUNT

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48898.02

Forgiveness Date

11/03/2021

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