PPP Loan information for Albemarle educational foundation, inc.

$183,000

Albemarle educational foundation, inc. was initially approved for PPP Loan of amount $112,500, the current approved amount is $183,000. The loan was approved on 04/13/2020 by The First Bank reported 27 jobs and $183,000 was used to fund payroll.

Albemarle educational foundation, inc. is Existing or more than 2 years old

PPP Loan Search / NC / ELIZABETH CITY / Albemarle educational foundation, inc.

ALBEMARLE EDUCATIONAL FOUNDATION, INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ALBEMARLE EDUCATIONAL FOUNDATION, INC.

Borrower Address

1210 US Highway 17 South

Borrower City

ELIZABETH CITY

Borrower State

NC

Borrower Zip

27909-7631

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

183000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETH CITY

Project County Name

PASQUOTANK

Project State

NC

Project Zip

27909-7631

CD

NC-01

Jobs Reported

27

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

183000.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

184047.86

Forgiveness Date

11/17/2020

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