PPP Loan information for The arts council

$195,000

The arts council was initially approved for PPP Loan of amount $195,000, the current approved amount is $195,000. The loan was approved on 04/01/2021 by The Truist Bank reported 18 jobs and $195,000 was used to fund payroll.

The arts council is Existing or more than 2 years old

PPP Loan Search / NC / Winston Salem / The arts council

THE ARTS COUNCIL

Date Approved

04/01/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

THE ARTS COUNCIL

Borrower Address

251 N Spruce St

Borrower City

Winston Salem

Borrower State

NC

Borrower Zip

27101-2735

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

195000.00

Current Approval Amount

195000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

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

27101-2735

CD

NC-05

Jobs Reported

18

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

194997.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

195991.25

Forgiveness Date

10/06/2021

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