PPP Loan information for Udi community development corporation

$45,000

Udi community development corporation was initially approved for PPP Loan of amount $45,000, the current approved amount is $45,000. The loan was approved on 04/06/2020 by The Mechanics & Farmers Bank reported 3 jobs and $45,000 was used to fund payroll.

Udi community development corporation is Existing or more than 2 years old

PPP Loan Search / NC / DURHAM / Udi community development corporation

UDI COMMUNITY DEVELOPMENT CORPORATION

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

UDI COMMUNITY DEVELOPMENT CORPORATION

Borrower Address

631 United Drive

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27713-1475

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45000.00

Current Approval Amount

45000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50708

Servicing Lender Name

Mechanics & Farmers Bank

Servicing Lender Address

2634 Durham-Chapel Hill Blvd

Servicing Lender City

DURHAM

Servicing Lender State

NC

Servicing Lender Zip

27707-2800

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27713-1475

CD

NC-04

Jobs Reported

3

NAICS Code

522298

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45000.00

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

Non-Profit Organization

Originating Lender Location Id

50708

Originating Lender

Mechanics & Farmers Bank

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

45568.36

Forgiveness Date

07/21/2021

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