PPP Loan information for Carolina friends school

$1,269,700

Carolina friends school was initially approved for PPP Loan of amount $1,276,000, the current approved amount is $1,269,700. The loan was approved on 04/06/2020 by The Mechanics & Farmers Bank reported 111 jobs and $1,269,700 was used to fund payroll.

Carolina friends school is Existing or more than 2 years old

CAROLINA FRIENDS SCHOOL

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAROLINA FRIENDS SCHOOL

Borrower Address

4809 Friends School

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27705

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1276000.00

Current Approval Amount

1269700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50708

Servicing Lender Name

Mechanics & Farmers Bank

Servicing Lender Address

2634 Durham-Chapel Hill Blvd

Servicing Lender City

DURHAM

Servicing Lender State

NC

Servicing Lender Zip

27707-2800

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

27705-0001

CD

NC-04

Jobs Reported

111

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1269700.00

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 Childcare Center

Originating Lender Location Id

50708

Originating Lender

Mechanics & Farmers Bank

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1282083.92

Forgiveness Date

04/08/2021

;