PPP Loan information for Propst brothers

$110,826

Propst brothers was initially approved for PPP Loan of amount $110,826, the current approved amount is $110,826. The loan was approved on 01/22/2021 by The Farmers & Merchants Bank reported 6 jobs and $110,826 was used to fund payroll.

Propst brothers is Existing or more than 2 years old

PPP Loan Search / NC / Concord / Propst brothers

PROPST BROTHERS

Date Approved

01/22/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PROPST BROTHERS

Borrower Address

829 Davidson Dr NW

Borrower City

Concord

Borrower State

NC

Borrower Zip

28025-4351

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

110826.35

Current Approval Amount

110826.35

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

6

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

110824.35

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

112085.46

Forgiveness Date

03/24/2022

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