751 SOUTH INC (NC) - 2020 PPP Loan Borrower Profile (# 5855147108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 751 SOUTH 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

5855147108

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$47,900

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$48,285.82

Date Loan was Forgiven

Feb 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,987

Payroll Proced

35,926

Rent Proceed

5,987

Lender

First Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

531312

Borrower Location

DURHAM, NC

Project Location

DURHAM, NC

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.