PPP Loan information for Hillcrest convalescent center, inc.

$2,068,986

Hillcrest convalescent center, inc. was initially approved for PPP Loan of amount $2,068,986, the current approved amount is $2,068,986. The loan was approved on 05/06/2020 by The Truist Bank reported 441 jobs and $2,068,986 was used to fund payroll.

Hillcrest convalescent center, inc. is Existing or more than 2 years old

HILLCREST CONVALESCENT CENTER, INC.

Date Approved

05/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

HILLCREST CONVALESCENT CENTER, INC.

Borrower Address

1417 W. Pettigrew St.

Borrower City

Durham

Borrower State

NC

Borrower Zip

27705

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2068986.00

Current Approval Amount

2068986.00

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

Y

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

441

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2068986.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2091917.26

Forgiveness Date

06/16/2021

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