PPP Loan information for Hood theological seminary

$287,802

Hood theological seminary was initially approved for PPP Loan of amount $287,802, the current approved amount is $287,802. The loan was approved on 05/07/2020 by The Pinnacle Bank reported 51 jobs and $287,802 was used to fund payroll.

Hood theological seminary is Existing or more than 2 years old

HOOD THEOLOGICAL SEMINARY

Date Approved

05/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

HOOD THEOLOGICAL SEMINARY

Borrower Address

1810 LUTHERAN SYNOD DR

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28144

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287802.00

Current Approval Amount

287802.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ROWAN

Project State

NC

Project Zip

28144-0001

CD

NC-08

Jobs Reported

51

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

287802.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

291878.54

Forgiveness Date

10/07/2021

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