115 SPRINGLAKE INC (NC) - 2020 PPP Loan Borrower Profile (# 8978137109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 115 SPRINGLAKE INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in North Carolina.

Loan Detail

Loan Number

8978137109

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$30,515

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$30,746.41

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

30,515

Lender

Uwharrie Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

721110

Borrower Location

Spring Lake, NC

Project Location

Spring Lake, NC

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.