PPP Loan information for Cape fear academy

$1,253,949

Cape fear academy was initially approved for PPP Loan of amount $1,253,949, the current approved amount is $1,253,949. The loan was approved on 04/30/2020 by The First Carolina Bank reported 163 jobs and $1,253,949 was used to fund payroll.

Cape fear academy is Existing or more than 2 years old

CAPE FEAR ACADEMY

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAPE FEAR ACADEMY

Borrower Address

3900 S College Road

Borrower City

WILMINGTON

Borrower State

NC

Borrower Zip

28412-2009

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1253949.00

Current Approval Amount

1253949.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203771

Servicing Lender Name

First Carolina Bank

Servicing Lender Address

171 N Winstead Ave

Servicing Lender City

ROCKY MOUNT

Servicing Lender State

NC

Servicing Lender Zip

27804-2236

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28412-2009

CD

NC-07

Jobs Reported

163

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1253949.00

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

203771

Originating Lender

First Carolina Bank

Originating Lender City

ROCKY MOUNT

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1267881.77

Forgiveness Date

06/16/2021

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