PPP Loan information for Arts of the albemarle

$25,400

Arts of the albemarle was initially approved for PPP Loan of amount $25,400, the current approved amount is $25,400. The loan was approved on 04/06/2020 by The TowneBank reported 9 jobs and $25,400 was used to fund payroll.

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

ARTS OF THE ALBEMARLE

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ARTS OF THE ALBEMARLE

Borrower Address

516 E Main Street

Borrower City

ELIZABETH CITY

Borrower State

NC

Borrower Zip

27909-4430

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25400.00

Current Approval Amount

25400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

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

9

NAICS Code

711310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25400.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

18515.51

Forgiveness Date

11/27/2020

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