PPP Loan information for Proctor farm

$50,778

Proctor farm was initially approved for PPP Loan of amount $29,945, the current approved amount is $50,778. The loan was approved on 05/07/2020 by The AgSouth Farm Credit, ACA reported 4 jobs and $50,778 was used to fund payroll.

Proctor farm is Existing or more than 2 years old

PPP Loan Search / NC / Bessemer City / Proctor farm

PROCTOR FARM

Date Approved

05/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PROCTOR FARM

Borrower Address

112 Hub Carpenter Rd.

Borrower City

Bessemer City

Borrower State

NC

Borrower Zip

28016-7705

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29945.00

Current Approval Amount

50777.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238223

Servicing Lender Name

AgSouth Farm Credit, ACA

Servicing Lender Address

P.O. Box 718 40 S. Main Street

Servicing Lender City

STATESBORO

Servicing Lender State

GA

Servicing Lender Zip

30459

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bessemer City

Project County Name

GASTON

Project State

NC

Project Zip

28016-7705

CD

NC-14

Jobs Reported

4

NAICS Code

112120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4331.77

Payroll Proceed

42945.73

Mortgage Interest Proceed

3500.00

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

528982

Originating Lender

Carolina Farm Credit, ACA

Originating Lender City

Statesville

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51328.93

Forgiveness Date

10/14/2021

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