Lutheran Retirement Center at Lutheridge Inc.

$276,000 PPP Loan in Arden, North Carolina

Loan Details

Loan Number
4037229006
Date Approved
May 20, 2021
Loan Status
Paid in Full
Initial Approval
$276,000
Current Approval
$276,000
Forgiveness Amount
$278,503
Forgiveness Date
Apr 21, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Lutheran Retirement Center at Lutheridge Inc.
Address
2355 Hendersonville Rd
City
Arden
ZIP Code
28704
Business Type
501(c)3 � Non Profit
Industry (NAICS)
Health Care and Social Assistance (623311)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$9.2M
Rural/Urban
Urban
Congressional District
NC-11

Loan Use Breakdown

Payroll
$275,997
Utilities
$1

Lender Information

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

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