PPP Loan information for Charlotte center for legal advocacy

$561,500

Charlotte center for legal advocacy was initially approved for PPP Loan of amount $561,500, the current approved amount is $561,500. The loan was approved on 04/06/2020 by The Mechanics & Farmers Bank reported 48 jobs and $561,500 was used to fund payroll.

Charlotte center for legal advocacy is Existing or more than 2 years old

CHARLOTTE CENTER FOR LEGAL ADVOCACY

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CHARLOTTE CENTER FOR LEGAL ADVOCACY

Borrower Address

1431 Elizabeth Ave

Borrower City

CHARLOTTE

Borrower State

NC

Borrower Zip

28204-2506

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

561500.00

Current Approval Amount

561500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50708

Servicing Lender Name

Mechanics & Farmers Bank

Servicing Lender Address

2634 Durham-Chapel Hill Blvd

Servicing Lender City

DURHAM

Servicing Lender State

NC

Servicing Lender Zip

27707-2800

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLOTTE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28204-2506

CD

NC-14

Jobs Reported

48

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

561500.00

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

50708

Originating Lender

Mechanics & Farmers Bank

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

566915.01

Forgiveness Date

04/22/2021

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