PPP Loan information for Saint augustine's university

$2,365,776

Saint augustine's university was initially approved for PPP Loan of amount $2,365,776, the current approved amount is $2,365,776. The loan was approved on 04/14/2020 by The First Horizon Bank reported 275 jobs and $2,365,776 was used to fund payroll.

Saint augustine's university is Existing or more than 2 years old

PPP Loan Search / NC / RALEIGH / Saint augustine's university

SAINT AUGUSTINE'S UNIVERSITY

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SAINT AUGUSTINE'S UNIVERSITY

Borrower Address

1315 OAKWOOD AVE

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27610-2247

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2365776.00

Current Approval Amount

2365776.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27610-2247

CD

NC-13

Jobs Reported

275

NAICS Code

611310

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

300000.00

Payroll Proceed

2065776.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

2397976.84

Forgiveness Date

09/07/2021

;