PPP Loan information for The methodist university, inc

$5,192,100

The methodist university, inc was initially approved for PPP Loan of amount $4,754,200, the current approved amount is $5,192,100. The loan was approved on 06/05/2020 by The North State Bank reported 490 jobs and $5,192,100 was used to fund payroll.

The methodist university, inc is Existing or more than 2 years old

PPP Loan Search / NC / FAYETTEVILLE / The methodist university, inc

THE METHODIST UNIVERSITY, INC

Date Approved

06/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE METHODIST UNIVERSITY, INC

Borrower Address

5400 Ramsey Street

Borrower City

FAYETTEVILLE

Borrower State

NC

Borrower Zip

28311

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4754200.00

Current Approval Amount

5192100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124643

Servicing Lender Name

North State Bank

Servicing Lender Address

6204 Falls of Neuse Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-3506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28311-0001

CD

NC-09

Jobs Reported

490

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5192100.00

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

124643

Originating Lender

North State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

5244021.00

Forgiveness Date

06/16/2021

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