PPP Loan information for Sandhills contractors inc

$162,500

Sandhills contractors inc was initially approved for PPP Loan of amount $162,500, the current approved amount is $162,500. The loan was approved on 04/28/2020 by The First-Citizens Bank & Trust Company reported 18 jobs and $162,500 was used to fund payroll.

Sandhills contractors inc is New Business or 2 years or less

SANDHILLS CONTRACTORS INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SANDHILLS CONTRACTORS INC

Borrower Address

2616 LEMON SPRINGS RD

Borrower City

SANFORD

Borrower State

NC

Borrower Zip

27332-9149

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162500.00

Current Approval Amount

162500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SANFORD

Project County Name

LEE

Project State

NC

Project Zip

27332-9149

CD

NC-09

Jobs Reported

18

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

162500.00

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

Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

163529.17

Forgiveness Date

12/16/2020

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