PPP Loan information for Chapel of the cross

$153,243

Chapel of the cross was initially approved for PPP Loan of amount $153,243, the current approved amount is $153,243. The loan was approved on 04/09/2020 by The Southern Bank and Trust Company reported 16 jobs and $153,243 was used to fund payroll.

Chapel of the cross is Existing or more than 2 years old

CHAPEL OF THE CROSS

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CHAPEL OF THE CROSS

Borrower Address

304 E FRANKLIN ST

Borrower City

CHAPEL HILL

Borrower State

NC

Borrower Zip

27514-3619

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153243.00

Current Approval Amount

153243.00

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

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAPEL HILL

Project County Name

ORANGE

Project State

NC

Project Zip

27514-3619

CD

NC-04

Jobs Reported

16

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

153243.00

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

154307.19

Forgiveness Date

12/28/2020

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