PPP Loan information for The methodist home for children, inc.

$2,000,000

The methodist home for children, inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 04/27/2020 by The First Horizon Bank reported 296 jobs and $2,000,000 was used to fund payroll.

The methodist home for children, inc. is Existing or more than 2 years old

PPP Loan Search / NC / RALEIGH / The methodist home for children, inc.

THE METHODIST HOME FOR CHILDREN, INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE METHODIST HOME FOR CHILDREN, INC.

Borrower Address

1041 WASHINGTON ST

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27605-1259

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

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

27605-1259

CD

NC-02

Jobs Reported

296

NAICS Code

623990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

27000.00

Payroll Proceed

1950000.00

Mortgage Interest Proceed

0.00

Rent Proceed

21000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2000

Business Type

Non-Profit Organization

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2024888.89

Forgiveness Date

07/30/2021

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