PPP Loan information for Salisbury academy

$287,135

Salisbury academy was initially approved for PPP Loan of amount $287,135, the current approved amount is $287,135. The loan was approved on 04/06/2020 by The Farmers & Merchants Bank reported 32 jobs and $287,135 was used to fund payroll.

Salisbury academy is Existing or more than 2 years old

PPP Loan Search / NC / SALISBURY / Salisbury academy

SALISBURY ACADEMY

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SALISBURY ACADEMY

Borrower Address

2210 JAKE ALEXANDER BLVD NORTH

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28147-1139

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287135.00

Current Approval Amount

287135.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

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

28147-1139

CD

NC-08

Jobs Reported

32

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

287135.00

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

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

290979.42

Forgiveness Date

08/20/2021

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