2 F FARMS (NC) - 2020 PPP Loan Borrower Profile (# 7242507802)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 2 F FARMS. 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

7242507802

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$22,714.42

Date Loan was Approved

Jun 3, 2020

Amount Forgiven

$23,023.09

Date Loan was Forgiven

Oct 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

816.53

Payroll Proced

16,773.72

Rent Proceed

5,124.17

Lender

Carolina Farm Credit, ACA

Business Detail

Business Type

Partnership

NAICS

111110

Borrower Location

SALISBURY, NC

Project Location

SALISBURY, NC

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.