Hoffman Nursery, INC

$621,927 PPP Loan in Rougemont, North Carolina

Loan Details

Loan Number
1076767109
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$621,927
Current Approval
$621,927
Forgiveness Amount
$625,693
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Hoffman Nursery, INC
Address
5520 Bahama Rd
ZIP Code
27572-7460
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111421)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$5.6M
Rural/Urban
Urban
Congressional District
NC-04

Loan Use Breakdown

Payroll
$466,446
Rent
$124,385
Utilities
$31,096

Lender Information

Servicing Lender
Ts Bank
Originating Lender
Ts Bank

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