PPP Loan information for Durham arts council

$125,650

Durham arts council was initially approved for PPP Loan of amount $125,650, the current approved amount is $125,650. The loan was approved on 02/23/2021 by The Truist Bank reported 12 jobs and $125,650 was used to fund payroll.

Durham arts council is Existing or more than 2 years old

PPP Loan Search / NC / Durham / Durham arts council

DURHAM ARTS COUNCIL

Date Approved

02/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

DURHAM ARTS COUNCIL

Borrower Address

120 Morris St

Borrower City

Durham

Borrower State

NC

Borrower Zip

27701-3230

Loan Status Date

06/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125650.00

Current Approval Amount

125650.00

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

Y

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

27701-3230

CD

NC-04

Jobs Reported

12

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

125650.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

127234.59

Forgiveness Date

05/25/2022

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