PPP Loan information for Lenoir-rhyne univeristy

$5,043,003

Lenoir-rhyne univeristy was initially approved for PPP Loan of amount $5,043,003, the current approved amount is $5,043,003. The loan was approved on 05/11/2020 by The Truist Bank reported 400 jobs and $5,043,003 was used to fund payroll.

Lenoir-rhyne univeristy is Existing or more than 2 years old

PPP Loan Search / NC / Hickory / Lenoir-rhyne univeristy

LENOIR-RHYNE UNIVERISTY

Date Approved

05/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LENOIR-RHYNE UNIVERISTY

Borrower Address

643 8th Avenue NE

Borrower City

Hickory

Borrower State

NC

Borrower Zip

28601

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5043003.00

Current Approval Amount

5043003.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hickory

Project County Name

CATAWBA

Project State

NC

Project Zip

28601-0500

CD

NC-10

Jobs Reported

400

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5043003.00

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

5099596.70

Forgiveness Date

06/24/2021

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