506 HOLDINGS LLC (NC) - 2020 PPP Loan Borrower Profile (# 7818097705)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 506 HOLDINGS 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

7818097705

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$12,757.97

Date Loan was Approved

May 1, 2020

Amount Forgiven

$12,963.15

Date Loan was Forgiven

Dec 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

12,757.97

Lender

Cross River Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

551112

Borrower Location

CHAPEL HILL, NC

Project Location

CHAPEL HILL, 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.