Depalo Foods, INC

$356,900 PPP Loan in Belmont, North Carolina

Loan Details

Loan Number
6063597001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$356,900
Current Approval
$356,900
Forgiveness Amount
$359,388
Forgiveness Date
Dec 16, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Depalo Foods, INC
Address
2010 Oaks Pkwy
ZIP Code
28012-5133
Business Type
Corporation
Industry (NAICS)
Manufacturing (311812)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$17.3M
Rural/Urban
Urban
Congressional District
NC-14

Loan Use Breakdown

Payroll
$356,900

Lender Information

Servicing Lender
United Community Bank
Originating Lender
United Community Bank

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