PPP Loan information for Asheville christian academy

$983,735

Asheville christian academy was initially approved for PPP Loan of amount $983,735, the current approved amount is $983,735. The loan was approved on 04/08/2020 by The The Park National Bank reported 159 jobs and $983,735 was used to fund payroll.

Asheville christian academy is Existing or more than 2 years old

PPP Loan Search / NC / SWANNANOA / Asheville christian academy

ASHEVILLE CHRISTIAN ACADEMY

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ASHEVILLE CHRISTIAN ACADEMY

Borrower Address

74 Riverwood Road

Borrower City

SWANNANOA

Borrower State

NC

Borrower Zip

28778-2326

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

983735.00

Current Approval Amount

983735.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SWANNANOA

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28778-2326

CD

NC-11

Jobs Reported

159

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

814580.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

169155.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

992925.51

Forgiveness Date

03/31/2021

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