PPP Loan information for Academic traditions

$7,000

Academic traditions was initially approved for PPP Loan of amount $7,000, the current approved amount is $7,000. The loan was approved on 08/07/2020 by The Bank of Oak Ridge reported 1 jobs and $7,000 was used to fund payroll.

Academic traditions is Existing or more than 2 years old

ACADEMIC TRADITIONS

Date Approved

08/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ACADEMIC TRADITIONS

Borrower Address

6924 Maynard Rd

Borrower City

Summerfield

Borrower State

NC

Borrower Zip

27358

Loan Status Date

08/22/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7000.00

Current Approval Amount

7000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124488

Servicing Lender Name

Bank of Oak Ridge

Servicing Lender Address

2211 Oak Ridge Rd

Servicing Lender City

OAK RIDGE

Servicing Lender State

NC

Servicing Lender Zip

27310-9619

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Summerfield

Project County Name

GUILFORD

Project State

NC

Project Zip

27358-0001

CD

NC-06

Jobs Reported

1

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7000.00

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

Sole Proprietorship

Originating Lender Location Id

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

7040.64

Forgiveness Date

03/05/2021

;