PPP Loan information for Trac academy incorporated

$38,057

Trac academy incorporated was initially approved for PPP Loan of amount $38,057, the current approved amount is $38,057. The loan was approved on 04/09/2020 by The Southern Bank and Trust Company reported 17 jobs and $38,057 was used to fund payroll.

Trac academy incorporated is Existing or more than 2 years old

TRAC ACADEMY INCORPORATED

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TRAC ACADEMY INCORPORATED

Borrower Address

657 B WORTHINGTON RD

Borrower City

WINTERVILLE

Borrower State

NC

Borrower Zip

28590-7847

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38057.00

Current Approval Amount

38057.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINTERVILLE

Project County Name

PITT

Project State

NC

Project Zip

28590-7847

CD

NC-01

Jobs Reported

17

NAICS Code

623990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38057.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38361.46

Forgiveness Date

02/03/2021

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