Lutheran Home - Albemarle INC

$862,300 PPP Loan in Albemarle, North Carolina

Loan Details

Loan Number
3803659001
Date Approved
May 20, 2021
Loan Status
Paid in Full
Initial Approval
$862,300
Current Approval
$862,300
Forgiveness Amount
$870,120
Forgiveness Date
Apr 21, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Lutheran Home - Albemarle INC
Address
24724 S Business 52
ZIP Code
28001-8179
Business Type
501(c)3 � Non Profit
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
141
Estimated Revenue
$24.0M
Rural/Urban
Rural
Congressional District
NC-08

Loan Use Breakdown

Payroll
$862,297
Utilities
$1

Lender Information

Servicing Lender
Mechanics & Farmers Bank
Originating Lender
Mechanics & Farmers Bank

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