PPP Loan information for Institute for the development of young leaders

$342,315

Institute for the development of young leaders was initially approved for PPP Loan of amount $342,315, the current approved amount is $342,315. The loan was approved on 05/05/2020 by The First Horizon Bank reported 44 jobs and $342,315 was used to fund payroll.

Institute for the development of young leaders is Existing or more than 2 years old

INSTITUTE FOR THE DEVELOPMENT OF YOUNG LEADERS

Date Approved

05/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

INSTITUTE FOR THE DEVELOPMENT OF YOUNG LEADERS

Borrower Address

4300 MIAMI BLVD

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27703

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

342315.00

Current Approval Amount

342315.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27703-0001

CD

NC-04

Jobs Reported

44

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

342315.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

347440.22

Forgiveness Date

11/18/2021

;