PPP Loan information for Shady branch farms

$85,000

Shady branch farms was initially approved for PPP Loan of amount $92,957, the current approved amount is $85,000. The loan was approved on 04/13/2020 by The Truist Bank reported 13 jobs and $85,000 was used to fund payroll.

Shady branch farms is Existing or more than 2 years old

SHADY BRANCH FARMS

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SHADY BRANCH FARMS

Borrower Address

500 COHARIE DR

Borrower City

CLINTON

Borrower State

NC

Borrower Zip

28328-3016

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92957.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

SAMPSON

Project State

NC

Project Zip

28328-3016

CD

NC-03

Jobs Reported

13

NAICS Code

112210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86411.94

Forgiveness Date

12/14/2021

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