PPP Loan information for Moravian home, incorporated

$2,513,055

Moravian home, incorporated was initially approved for PPP Loan of amount $2,513,055, the current approved amount is $2,513,055. The loan was approved on 04/13/2020 by The Pinnacle Bank reported 352 jobs and $2,513,055 was used to fund payroll.

Moravian home, incorporated is Existing or more than 2 years old

MORAVIAN HOME, INCORPORATED

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MORAVIAN HOME, INCORPORATED

Borrower Address

1000 SALEMTOWNE DR

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27106-3294

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2513055.00

Current Approval Amount

2513055.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27106-3294

CD

NC-05

Jobs Reported

352

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2513055.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2541696.94

Forgiveness Date

06/14/2021

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