PPP Loan information for Nc sport cuts, llc

$1,562,000

Nc sport cuts, llc was initially approved for PPP Loan of amount $1,562,000, the current approved amount is $1,562,000. The loan was approved on 04/09/2020 by The City National Bank of Florida reported 203 jobs and $1,562,000 was used to fund payroll.

Nc sport cuts, llc is Existing or more than 2 years old

NC SPORT CUTS, LLC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NC SPORT CUTS, LLC

Borrower Address

3221 Mossy Ridge Ct.

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27613-7085

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1562000.00

Current Approval Amount

1562000.00

Undisbursed Amount

0.00

Franchise Name

SportClips

Servicing Lender Location Id

17124

Servicing Lender Name

City National Bank of Florida

Servicing Lender Address

100 SE 2nd St

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33131

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27613-7085

CD

NC-02

Jobs Reported

203

NAICS Code

812111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

390500.00

Payroll Proceed

1171500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

17124

Originating Lender

City National Bank of Florida

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1574667.18

Forgiveness Date

02/12/2021

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