PPP Loan information for Arc of greensboro inc

$113,800

Arc of greensboro inc was initially approved for PPP Loan of amount $113,800, the current approved amount is $113,800. The loan was approved on 02/20/2021 by The First Bank reported 17 jobs and $113,800 was used to fund payroll.

Arc of greensboro inc is Existing or more than 2 years old

ARC OF GREENSBORO INC

Date Approved

02/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ARC OF GREENSBORO INC

Borrower Address

14 Oak Branch Dr Ste B

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27407-2120

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

113800.00

Current Approval Amount

113800.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27407-2120

CD

NC-06

Jobs Reported

17

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

113797.00

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

114356.36

Forgiveness Date

08/20/2021

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