PPP Loan information for Mt olive family medicine center inc

$496,000

Mt olive family medicine center inc was initially approved for PPP Loan of amount $496,000, the current approved amount is $496,000. The loan was approved on 04/08/2020 by The Southern Bank and Trust Company reported 42 jobs and $496,000 was used to fund payroll.

Mt olive family medicine center inc is Existing or more than 2 years old

PPP Loan Search / NC / MOUNT OLIVE / Mt olive family medicine center inc

MT OLIVE FAMILY MEDICINE CENTER INC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MT OLIVE FAMILY MEDICINE CENTER INC

Borrower Address

201 N. BREAZEALE AVE

Borrower City

MOUNT OLIVE

Borrower State

NC

Borrower Zip

28365-1603

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

496000.00

Current Approval Amount

496000.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOUNT OLIVE

Project County Name

WAYNE

Project State

NC

Project Zip

28365-1603

CD

NC-13

Jobs Reported

42

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

496000.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

498852.00

Forgiveness Date

11/12/2020

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