PPP Loan information for Fayetteville academy

$728,700

Fayetteville academy was initially approved for PPP Loan of amount $728,700, the current approved amount is $728,700. The loan was approved on 04/28/2020 by The First-Citizens Bank & Trust Company reported 70 jobs and $728,700 was used to fund payroll.

Fayetteville academy is New Business or 2 years or less

FAYETTEVILLE ACADEMY

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FAYETTEVILLE ACADEMY

Borrower Address

3200 CLIFFDALE RD

Borrower City

FAYETTEVILLE

Borrower State

NC

Borrower Zip

28303-4937

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

728700.00

Current Approval Amount

728700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FAYETTEVILLE

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28303-4937

CD

NC-09

Jobs Reported

70

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

728700.00

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

Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

732383.98

Forgiveness Date

11/03/2020

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