PPP Loan information for American college of building arts

$294,560

American college of building arts was initially approved for PPP Loan of amount $294,560, the current approved amount is $294,560. The loan was approved on 04/27/2021 by The First Horizon Bank reported 30 jobs and $294,560 was used to fund payroll.

American college of building arts is Existing or more than 2 years old

AMERICAN COLLEGE OF BUILDING ARTS

Date Approved

04/27/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

AMERICAN COLLEGE OF BUILDING ARTS

Borrower Address

649 Meeting St

Borrower City

Charleston

Borrower State

SC

Borrower Zip

29403-4223

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

294560.00

Current Approval Amount

294560.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Charleston

Project County Name

CHARLESTON

Project State

SC

Project Zip

29403-4223

CD

SC-06

Jobs Reported

30

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

294557.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

297497.42

Forgiveness Date

05/04/2022

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