PPP Loan information for Catawba college

$2,650,000

Catawba college was initially approved for PPP Loan of amount $2,650,000, the current approved amount is $2,650,000. The loan was approved on 05/08/2020 by The First Horizon Bank reported 435 jobs and $2,650,000 was used to fund payroll.

Catawba college is Existing or more than 2 years old

PPP Loan Search / NC / SALISBURY / Catawba college

CATAWBA COLLEGE

Date Approved

05/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CATAWBA COLLEGE

Borrower Address

2300 WEST INNES ST

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28144-2441

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2650000.00

Current Approval Amount

2650000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ROWAN

Project State

NC

Project Zip

28144-2441

CD

NC-08

Jobs Reported

435

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

200000.00

Payroll Proceed

2350000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

100000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2678855.56

Forgiveness Date

06/15/2021

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