PPP Loan information for Foundation for the carolinas

$2,305,443

Foundation for the carolinas was initially approved for PPP Loan of amount $2,090,800, the current approved amount is $2,305,443. The loan was approved on 04/08/2020 by The Truist Bank reported 135 jobs and $2,305,443 was used to fund payroll.

Foundation for the carolinas is Existing or more than 2 years old

FOUNDATION FOR THE CAROLINAS

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FOUNDATION FOR THE CAROLINAS

Borrower Address

220 N Tryon St

Borrower City

CHARLOTTE

Borrower State

NC

Borrower Zip

28202-2137

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2090800.00

Current Approval Amount

2305443.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLOTTE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28202-2137

CD

NC-14

Jobs Reported

135

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2305443.00

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

2332724.08

Forgiveness Date

06/11/2021

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