PPP Loan information for Northeastern technical college

$959,800

Northeastern technical college was initially approved for PPP Loan of amount $959,800, the current approved amount is $959,800. The loan was approved on 05/01/2020 by The Carolina Bank & Trust Co. reported 148 jobs and $959,800 was used to fund payroll.

Northeastern technical college is Existing or more than 2 years old

NORTHEASTERN TECHNICAL COLLEGE

Date Approved

05/01/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

NORTHEASTERN TECHNICAL COLLEGE

Borrower Address

1201 Chesterfield Hwy

Borrower City

CHERAW

Borrower State

SC

Borrower Zip

29520-7015

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

959800.00

Current Approval Amount

959800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66176

Servicing Lender Name

Carolina Bank & Trust Co.

Servicing Lender Address

112 Main St

Servicing Lender City

LAMAR

Servicing Lender State

SC

Servicing Lender Zip

29069

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHERAW

Project County Name

CHESTERFIELD

Project State

SC

Project Zip

29520-7015

CD

SC-07

Jobs Reported

148

NAICS Code

611210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

959800.00

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

66176

Originating Lender

Carolina Bank & Trust Co.

Originating Lender City

LAMAR

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

964743.63

Forgiveness Date

11/12/2020

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