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

$493,435

School of communication arts of north carolina inc was initially approved for PPP Loan of amount $493,435, the current approved amount is $493,435. The loan was approved on 02/22/2021 by The Truist Bank reported 85 jobs and $493,435 was used to fund payroll.

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

PPP Loan Search / NC / Raleigh / School of communication arts of north carolina inc

SCHOOL OF COMMUNICATION ARTS OF NORTH CAROLINA INC

Date Approved

02/22/2021

SBA Office Code

0460

Processing Method

PPS

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

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

493435.00

Current Approval Amount

493435.00

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

85

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

493429.00

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

497286.53

Forgiveness Date

12/16/2021

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