PPP Loan information for American dance festival inc

$175,797

American dance festival inc was initially approved for PPP Loan of amount $175,797, the current approved amount is $175,797. The loan was approved on 03/23/2021 by The PNC Bank, National Association reported 9 jobs and $175,797 was used to fund payroll.

American dance festival inc is Existing or more than 2 years old

AMERICAN DANCE FESTIVAL INC

Date Approved

03/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

AMERICAN DANCE FESTIVAL INC

Borrower Address

715 Broad St 715 Broad St

Borrower City

Durham

Borrower State

NC

Borrower Zip

27705-4833

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

175797.00

Current Approval Amount

175797.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27705-4833

CD

NC-04

Jobs Reported

9

NAICS Code

711320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

175794.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

177320.57

Forgiveness Date

02/01/2022

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