PPP Loan information for Caramore community inc.

$284,753

Caramore community inc. was initially approved for PPP Loan of amount $284,753, the current approved amount is $284,753. The loan was approved on 03/26/2021 by The Truist Bank reported 60 jobs and $284,753 was used to fund payroll.

Caramore community inc. is Existing or more than 2 years old

CARAMORE COMMUNITY INC.

Date Approved

03/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CARAMORE COMMUNITY INC.

Borrower Address

550 Smith Level Rd

Borrower City

Carrboro

Borrower State

NC

Borrower Zip

27510-2555

Loan Status Date

03/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

284752.50

Current Approval Amount

284752.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Carrboro

Project County Name

ORANGE

Project State

NC

Project Zip

27510-2555

CD

NC-04

Jobs Reported

60

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

284748.50

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

501(c)3 – Non Profit

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

287259.90

Forgiveness Date

02/17/2022

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