PPP Loan information for Wooten development company

$119,600

Wooten development company was initially approved for PPP Loan of amount $119,600, the current approved amount is $119,600. The loan was approved on 04/27/2020 by The Southern Bank and Trust Company reported 15 jobs and $119,600 was used to fund payroll.

Wooten development company is New Business or 2 years or less

WOOTEN DEVELOPMENT COMPANY

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WOOTEN DEVELOPMENT COMPANY

Borrower Address

504 N SPENCE AVE SUITE A

Borrower City

GOLDSBORO

Borrower State

NC

Borrower Zip

27534-4203

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119600.00

Current Approval Amount

119600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GOLDSBORO

Project County Name

WAYNE

Project State

NC

Project Zip

27534-4203

CD

NC-03

Jobs Reported

15

NAICS Code

531312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

119600.00

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

Subchapter S Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120526.90

Forgiveness Date

02/09/2021

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