PPP Loan information for New river building supply inc

$681,160

New river building supply inc was initially approved for PPP Loan of amount $681,160, the current approved amount is $681,160. The loan was approved on 04/07/2020 by The First Horizon Bank reported 64 jobs and $681,160 was used to fund payroll.

New river building supply inc is Existing or more than 2 years old

PPP Loan Search / NC / BOONE / New river building supply inc

NEW RIVER BUILDING SUPPLY INC

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEW RIVER BUILDING SUPPLY INC

Borrower Address

3148 NC Hwy 105 S

Borrower City

BOONE

Borrower State

NC

Borrower Zip

28607-7309

Loan Status Date

12/01/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

681160.00

Current Approval Amount

681160.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOONE

Project County Name

WATAUGA

Project State

NC

Project Zip

28607-7309

CD

NC-05

Jobs Reported

64

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18660.00

Payroll Proceed

570000.00

Mortgage Interest Proceed

0.00

Rent Proceed

32500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

60000

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

684849.62

Forgiveness Date

11/03/2020

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