Lamar INC

$343,730 PPP Loan in Newton, North Carolina

Loan Details

Loan Number
1083847107
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$343,730
Current Approval
$343,730
Forgiveness Amount
$345,964
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lamar INC
Address
3262 Stonesthrow Dr
City
Newton
ZIP Code
28658-8710
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
91
Estimated Revenue
$16.2M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$324,230
Rent
$14,000
Utilities
$5,500

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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