Lutheran Retirement Center - Salisbury INC

$626,400 PPP Loan in Salisbury, North Carolina

Loan Details

Loan Number
5163099010
Date Approved
May 21, 2021
Loan Status
Paid in Full
Initial Approval
$626,400
Current Approval
$626,400
Forgiveness Amount
$632,081
Forgiveness Date
Apr 21, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Lutheran Retirement Center - Salisbury INC
Address
728 Klumac Rd
ZIP Code
28144-5720
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
112
Estimated Revenue
$19.1M
Rural/Urban
Rural
Congressional District
NC-08

Loan Use Breakdown

Payroll
$626,397
Utilities
$1

Lender Information

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

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