PPP Loan information for Rustic roots

$8,750

Rustic roots was initially approved for PPP Loan of amount $8,750, the current approved amount is $8,750. The loan was approved on 02/25/2021 by The Farmers & Merchants Bank reported 7 jobs and $8,750 was used to fund payroll.

Rustic roots is Existing or more than 2 years old

RUSTIC ROOTS

Date Approved

02/25/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RUSTIC ROOTS

Borrower Address

102 S Main St

Borrower City

Lexington

Borrower State

NC

Borrower Zip

27292-3322

Loan Status Date

02/07/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

8750.00

Current Approval Amount

8750.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lexington

Project County Name

DAVIDSON

Project State

NC

Project Zip

27292-3322

CD

NC-08

Jobs Reported

7

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

8748.00

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

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8912.12

Forgiveness Date

01/24/2023

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