1961 HWY 172 INC (NC) - 2020 PPP Loan Borrower Profile (# 2138897201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1961 HWY 172 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

2138897201

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$22,800

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$22,988.02

Date Loan was Forgiven

Mar 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

22,800

Lender

Readycap Lending, LLC

Business Detail

Business Type

Sole Proprietorship

NAICS

722515

Borrower Location

Sneads Ferry, NC

Project Location

Sneads Ferry, NC

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.