PPP Loan information for Monroe charter academy

$70,015

Monroe charter academy was initially approved for PPP Loan of amount $70,015, the current approved amount is $70,015. The loan was approved on 06/03/2020 by The Truist Bank reported 12 jobs and $70,015 was used to fund payroll.

Monroe charter academy is New Business or 2 years or less

MONROE CHARTER ACADEMY

Date Approved

06/03/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MONROE CHARTER ACADEMY

Borrower Address

200 Tomberlin St.

Borrower City

Monroe

Borrower State

NC

Borrower Zip

28112

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70015.00

Current Approval Amount

70015.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Monroe

Project County Name

UNION

Project State

NC

Project Zip

28112-0001

CD

NC-08

Jobs Reported

12

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70015.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

70682.09

Forgiveness Date

05/13/2021

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