PPP Loan information for Oak city academy

$109,500

Oak city academy was initially approved for PPP Loan of amount $142,500, the current approved amount is $109,500. The loan was approved on 04/05/2020 by The North State Bank reported 22 jobs and $109,500 was used to fund payroll.

Oak city academy is Existing or more than 2 years old

PPP Loan Search / NC / GARNER / Oak city academy

OAK CITY ACADEMY

Date Approved

04/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

OAK CITY ACADEMY

Borrower Address

5029 Glen Creek Trail

Borrower City

GARNER

Borrower State

NC

Borrower Zip

27529-7180

Loan Status Date

06/02/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

142500.00

Current Approval Amount

109500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124643

Servicing Lender Name

North State Bank

Servicing Lender Address

6204 Falls of Neuse Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-3506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARNER

Project County Name

WAKE

Project State

NC

Project Zip

27529-7180

CD

NC-13

Jobs Reported

22

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

109500.00

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

124643

Originating Lender

North State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99579.38

Forgiveness Date

11/27/2020

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