Jacob Shugart Farms

$47,985 PPP Loan in Yadkinville, North Carolina

Loan Details

Loan Number
8040658107
Date Approved
Jul 24, 2020
Loan Status
Paid in Full
Initial Approval
$47,985
Current Approval
$47,985
Forgiveness Amount
$48,363
Forgiveness Date
May 12, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Jacob Shugart Farms
Address
1805 Hinshaw Rd.
ZIP Code
27055-5210
Business Type
Sole Proprietorship
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111910)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-05

Loan Use Breakdown

Payroll
$42,785
Utilities
$5,200

Lender Information

Servicing Lender
Agsouth Farm Credit, Aca
Originating Lender
Carolina Farm Credit, Aca

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