PPP Loan information for The learning community, inc.

$122,500

The learning community, inc. was initially approved for PPP Loan of amount $122,500, the current approved amount is $122,500. The loan was approved on 05/15/2020 by The First-Citizens Bank & Trust Company reported 15 jobs and $122,500 was used to fund payroll.

The learning community, inc. is New Business or 2 years or less

PPP Loan Search / NC / Black Mountain / The learning community, inc.

THE LEARNING COMMUNITY, INC.

Date Approved

05/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE LEARNING COMMUNITY, INC.

Borrower Address

PO Box 1143

Borrower City

Black Mountain

Borrower State

NC

Borrower Zip

28711

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122500.00

Current Approval Amount

122500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Black Mountain

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28711-0001

CD

NC-11

Jobs Reported

15

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

122500.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

123530.34

Forgiveness Date

03/24/2021

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