PPP Loan information for The metrolina regional scholars' academy, inc

$527,820

The metrolina regional scholars' academy, inc was initially approved for PPP Loan of amount $527,820, the current approved amount is $527,820. The loan was approved on 05/29/2020 by The Uwharrie Bank reported 41 jobs and $527,820 was used to fund payroll.

The metrolina regional scholars' academy, inc is Existing or more than 2 years old

THE METROLINA REGIONAL SCHOLARS' ACADEMY, INC

Date Approved

05/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE METROLINA REGIONAL SCHOLARS' ACADEMY, INC

Borrower Address

5225 Seventy Seven Center Dr

Borrower City

Charlotte

Borrower State

NC

Borrower Zip

28217

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

527820.00

Current Approval Amount

527820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Charlotte

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28217-0001

CD

NC-14

Jobs Reported

41

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

527820.00

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

533244.82

Forgiveness Date

06/09/2021

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