L.f.r. Grain & Chemical, Inc.

$102,975 PPP Loan in Newton, North Carolina

Loan Details

Loan Number
3065777203
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$102,975
Current Approval
$102,975
Forgiveness Amount
$104,005
Forgiveness Date
Apr 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
L.f.r. Grain & Chemical, Inc.
Address
2952 Lou Hoyle Ln
City
Newton
ZIP Code
28658-8837
Business Type
Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111199)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$83,975
Rent
$14,000
Utilities
$5,000

Lender Information

Servicing Lender
Agsouth Farm Credit, Aca
Originating Lender
Carolina Farm Credit, Aca

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