PPP Loan information for W. r. vernon produce company

$915,000

W. r. vernon produce company was initially approved for PPP Loan of amount $915,000, the current approved amount is $915,000. The loan was approved on 04/27/2020 by The First-Citizens Bank & Trust Company reported 1 jobs and $915,000 was used to fund payroll.

W. r. vernon produce company is New Business or 2 years or less

W. R. VERNON PRODUCE COMPANY

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

W. R. VERNON PRODUCE COMPANY

Borrower Address

1035 N CHERRY ST

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27101-1422

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

915000.00

Current Approval Amount

915000.00

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

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27101-1422

CD

NC-05

Jobs Reported

1

NAICS Code

424480

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

915000.00

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

925629.04

Forgiveness Date

07/06/2021

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