Coats Iga, Inc.

$176,000 PPP Loan in Dunn, North Carolina

Loan Details

Loan Number
6015427209
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$176,000
Current Approval
$176,000
Forgiveness Amount
$177,360
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Coats Iga, Inc.
Address
379 Mckinley Street
City
Dunn
ZIP Code
28334
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (445110)
Franchise
Iga USA - License Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
69
Estimated Revenue
$17.2M
Rural/Urban
Rural
Congressional District
NC-13

Loan Use Breakdown

Payroll
$132,000
Utilities
$11,000
Mortgage Interest
$33,000

Lender Information

Servicing Lender
First Bank
Originating Lender
First Bank

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