40 & HOLDING, LLC (NC) - 2020 PPP Loan Borrower Profile (# 1197927105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 40 & HOLDING, LLC. 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

1197927105

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$60,391

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$61,125.76

Date Loan was Forgiven

Jul 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

60,391

Lender

United Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722410

Borrower Location

RALEIGH, NC

Project Location

RALEIGH, NC

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.