Satterfield Paving Co., LLC

$512,090 PPP Loan in Durham, North Carolina

Loan Details

Loan Number
1031737107
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$512,090
Current Approval
$512,090
Forgiveness Amount
$518,946
Forgiveness Date
Aug 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Satterfield Paving Co., LLC
Address
5401 Groucho Rd
City
Durham
ZIP Code
27705-9129
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$19.8M
Rural/Urban
Urban
Congressional District
NC-04

Loan Use Breakdown

Payroll
$425,000
Rent
$50,000
Utilities
$32,090
Health Care
$5,000

Lender Information

Servicing Lender
First Foundation Bank
Originating Lender
First Foundation Bank

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