PPP Loan information for Arts of the albemarle

$25,380

Arts of the albemarle was initially approved for PPP Loan of amount $25,380, the current approved amount is $25,380. The loan was approved on 03/27/2021 by The Southern Bank and Trust Company reported 7 jobs and $25,380 was used to fund payroll.

Arts of the albemarle is Existing or more than 2 years old

PPP Loan Search / NC / Elizabeth City / Arts of the albemarle

ARTS OF THE ALBEMARLE

Date Approved

03/27/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ARTS OF THE ALBEMARLE

Borrower Address

516 E Main St

Borrower City

Elizabeth City

Borrower State

NC

Borrower Zip

27909-4430

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25380.00

Current Approval Amount

25380.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elizabeth City

Project County Name

PASQUOTANK

Project State

NC

Project Zip

27909-4430

CD

NC-01

Jobs Reported

7

NAICS Code

453920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

25378.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

25475.17

Forgiveness Date

08/13/2021

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