PPP Loan information for Child care services association

$1,187,500

Child care services association was initially approved for PPP Loan of amount $1,187,500, the current approved amount is $1,187,500. The loan was approved on 04/09/2020 by The First Horizon Bank reported 130 jobs and $1,187,500 was used to fund payroll.

Child care services association is Existing or more than 2 years old

CHILD CARE SERVICES ASSOCIATION

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CHILD CARE SERVICES ASSOCIATION

Borrower Address

1829 E FRANKLIN ST

Borrower City

CHAPEL HILL

Borrower State

NC

Borrower Zip

27514-1866

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1187500.00

Current Approval Amount

1187500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAPEL HILL

Project County Name

ORANGE

Project State

NC

Project Zip

27514-1866

CD

NC-04

Jobs Reported

130

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

62818.00

Payroll Proceed

1041395.00

Mortgage Interest Proceed

78487.00

Rent Proceed

4800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1199572.92

Forgiveness Date

04/27/2021

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