PPP Loan information for School of communication arts of north carolina inc

$570,600

School of communication arts of north carolina inc was initially approved for PPP Loan of amount $570,600, the current approved amount is $570,600. The loan was approved on 04/10/2020 by The Truist Bank reported 46 jobs and $570,600 was used to fund payroll.

School of communication arts of north carolina inc is Existing or more than 2 years old

SCHOOL OF COMMUNICATION ARTS OF NORTH CAROLINA INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SCHOOL OF COMMUNICATION ARTS OF NORTH CAROLINA INC

Borrower Address

3000 WAKEFIELD CROSSING DR

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27614-7076

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

570600.00

Current Approval Amount

570600.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27614-7076

CD

NC-02

Jobs Reported

46

NAICS Code

611519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

570600.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

576258.45

Forgiveness Date

04/19/2021

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