Date Approved
04/27/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
SCHUT & ASSOCIATES 1, PLLC
Borrower Address
102 Bretonshire Rd.
Borrower City
Wilmington
Borrower State
NC
Borrower Zip
28405
Loan Status Date
01/11/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
110000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
455644
Servicing Lender Name
Live Oak Banking Company
Servicing Lender Address
1741 Tiburon Dr
Servicing Lender City
WILMINGTON
Servicing Lender State
Servicing Lender Zip
28403-6244
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
NEW HANOVER
Project State
Project Zip
28405-0001
CD
NC-07
Jobs Reported
15
NAICS Code
621210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
111775.07
Forgiveness Date
12/09/2021