PPP Loan information for Morganton day school, inc.

$137,650

Morganton day school, inc. was initially approved for PPP Loan of amount $137,650, the current approved amount is $137,650. The loan was approved on 04/27/2020 by The First Horizon Bank reported 21 jobs and $137,650 was used to fund payroll.

Morganton day school, inc. is Existing or more than 2 years old

MORGANTON DAY SCHOOL, INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MORGANTON DAY SCHOOL, INC.

Borrower Address

305 WEST CONCORD ST

Borrower City

MORGANTON

Borrower State

NC

Borrower Zip

28655-3825

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137650.00

Current Approval Amount

137650.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORGANTON

Project County Name

BURKE

Project State

NC

Project Zip

28655-3825

CD

NC-10

Jobs Reported

21

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

127660.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2190.00

Debt Interest Proceed

2800

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

138915.62

Forgiveness Date

04/05/2021

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