2402 MORGANTON INC (NC) - 2020 PPP Loan Borrower Profile (# 3836188307)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 2402 MORGANTON 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
3836188307
SBA Office Code
0460
Processing Method
PPS
Curent Loan Amount
$46,228
Date Loan was Approved
Jan 22, 2021
Amount Forgiven
$46,534.9
Date Loan was Forgiven
Sep 24, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
46,226
Lender
Uwharrie Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
721110
Borrower Location
Morganton, NC
Project Location
Morganton, NC
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
4
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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