2024-05-14T16:21:02-05:00 2023-12-31 560571159 BERNARD ROBINSON & COMPANY LLP 100 E CUMBERLAND STREET DUNN NC 28334 990PF 2023-01-01 844692633 FIRST RUNG PARTNERS INC FIRS 9193239870 304 ORANGE STREET BEAUFORT NC 285161821 LAURA BENSON PRESIDENT 9193239870 2024-05-14 1 LAURA BENSON 999009999 0 JEREMY S BASS CPA P00156680 9108921021 2024-05-14 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z X 131854 X 49784 264 264 0 50048 264 0 0 0 13 0 0 10419 264 2312 10432 264 2312 0 0 10432 264 2312 39616 0 3400 25322 25322 23000 32193 32193 65838 74339 74339 92238 131854 131854 0 0 X 0 0 0 0 92238 131854 92238 131854 92238 131854 92238 39616 0 131854 0 131854 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 NC 1 0 1 0 0 1 HTTPS://FIRSTRUNGFUND.ORG LAURA J S BENSON 9193239870 304 ORANGE STREET BEAUFORT NC 285161821 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LAURA J S BENSON 304 ORANGE STREET BEAUFORT NC 28516 PRESIDENT 20.00 0 0 0 WALTER J SLIVA JR 304 ORANGE STREET BEAUFORT NC 28516 VICE PRESIDENT 15.00 0 0 0 KENDALL E SLIVA 902 BROAD STREET BEAUFORT NC 28516 SECRETARY/TREASURER 8.00 0 0 0 NONE 0 NONE 0 CONTINUED COLLABORATION WITH CARTERET COMMUNITY COLLEGE'S SMALL BUSINESS CENTER TO IMPROVE CRITERIA AND REQUIREMENTS FOR ELIGIBLE APPLICANTS 0 REVIEWED AND INTERVIEWED 8 APPLICANTS. APPROVED 1 NEW LOAN (1 HAD BEEN APPROVED IN 2022 AND WAS PENDING PAYMENT IN 2023; THE SECOND WAS REVIEWED AND APPROVED IN 2023). PROCESSED/PAID 2 LOANS IN THE AMOUNT OF $22,000. TWO POTENTIAL RECIPIENTS' LOAN APPLICATIONS WERE PENDING APPROVAL ON 12/31/23. 0 MET WITH EACH LOAN RECIPIENT FOR FINANCIAL AND BUSINESS OPERATIONS REVIEW, COACHING, AND RELEVANT EDUCATION AND PROFESSIONAL SERVICES REFERRALS. 0 CONFERRED WITH OTHER COMMERCIAL AND NONPROFIT LENDERS AS WELL AS ECONOMIC DEVELOPMENT OFFICIALS ON INDUSTRY BEST PRACTICES. 0 EXECUTED TWO SMALL BUSINESS LOANS TO DISADVANTAGED PERSONS FOR START UP BUSINESS EXPENSES ($10,000) AND BUSINESS EXPANSION ($12,000) 22000 22000 0 26116 0 26116 0 0 26116 392 25724 1286 1286 0 1286 5497 6783 0 6783 2312 22000 24312 6783 0 0 26719 30747 57466 24312 0 0 0 6783 17529 0 0 74995 0 0 0 0 0 0 0 74995 26719 30747 17529 LAURA J S BENSON WALTER J SLIVA JR LAURA BENSON 304 ORANGE STREET BEAUFORT NC 28516 9193239870 LAURA@FIRSTRUNGFUND.ORG SEE APPLICATION AT HTTPS://FIRSTRUNGFUND.ORG. NOT APPLICABLE. FIRST RUNG PROVIDES LOW-INTEREST (PRIME RATE) MICRO-LOANS UP TO $25,000 TO YOUNG ENTREPRENEURS (AGES 21-50) WHO PLAN TO START OR CURRENTLY HAVE A SMALL BUSINESS LOCATED IN CARTERET COUNTY. FUNDS MUST BE USED FOR APPROVED BUSINESS-RELATED COSTS, SUCH AS SPACE, INVENTORY, EQUIPMENT, MARKETING, ADVERTISING, OR TECHNOLOGY. LOAN AMOUNTS ARE DETERMINED ON A CASE-BY-CASE BASIS DEPENDING ON THE BUSINESS NEEDS AND THE INTENDED PURPOSE FOR THE FUNDS. IF APPROVED, A SEPARATE PACKET OF LOAN DOCUMENTS MUST BE COMPLETED, INCLUDING A BUSINESS LOAN AGREEMENT, PROMISSORY NOTE, AND A SECURITY AGREEMENT. 0 0 14 264 0 264 0 264 3 N/A 0 0 0 0 0 0 0 0 0 0 X X 1 PENGUIN PLUNGE INC 2231 LENNOXVILLE ROAD BEAUFORT NC 28516 6700 X 2 JAMES ROBERT JR 475 RIVER MOORINGS DRIVE MERRITT ISLAND FL 32953 10000 X 3 KENNON JACKSON 125 ANN STREET BEAUFORT NC 28516 5750 X 4 WILLIAM WOLF 28 ARBUTUS DRIVE KEY WEST FL 33040 5000 X PROGRAM RELATED INVESTMENTS - LOAN FUND 65838 74339 74339 WEB DEVELOPMENT 924 0 924 INSURANCE 1256 0 0 BANK FEES 276 264 0 OFFICE SUPPLIES 1388 0 1388 FUNDRAISING 5000 0 0 ACCOUNTING FEES 1575 0 0 JAMES ROBERT JR 475 RIVER MOORINGS DRIVE MERRITT ISLAND FL 32953 KENNON JACKSON 125 ANN STREET BEAUFORT NC 28516 WILLIAM WOLF 28 ARBUTUS DRIVE KEY WEST FL 33040 PENGUIN PLUNGE INC 2231 LENNOXVILLE ROAD BEAUFORT NC 28516