55 AND 54 LLC (NC) - 2020 PPP Loan Borrower Profile (# 2976407302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 55 AND 54 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

2976407302

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$72,562

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$73,493.21

Date Loan was Forgiven

Aug 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

72,562

Lender

First Horizon Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

DURHAM, NC

Project Location

DURHAM, NC

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.