PPP Loan information for Propst bros. dists., inc.

$110,826

Propst bros. dists., inc. was initially approved for PPP Loan of amount $115,580, the current approved amount is $110,826. The loan was approved on 04/05/2020 by The Farmers & Merchants Bank reported 10 jobs and $110,826 was used to fund payroll.

Propst bros. dists., inc. is Existing or more than 2 years old

PPP Loan Search / NC / CONCORD / Propst bros. dists., inc.

PROPST BROS. DISTS., INC.

Date Approved

04/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PROPST BROS. DISTS., INC.

Borrower Address

829 DAVIDSON DR N.W.

Borrower City

CONCORD

Borrower State

NC

Borrower Zip

28025-4351

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115580.00

Current Approval Amount

110826.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONCORD

Project County Name

CABARRUS

Project State

NC

Project Zip

28025-4351

CD

NC-12

Jobs Reported

10

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

110826.00

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

Subchapter S Corporation

Originating Lender Location Id

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

112497.63

Forgiveness Date

10/21/2021

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