PPP Loan information for Democracy north carolina

$253,989

Democracy north carolina was initially approved for PPP Loan of amount $253,990, the current approved amount is $253,989. The loan was approved on 04/14/2020 by The Truist Bank reported 30 jobs and $253,989 was used to fund payroll.

Democracy north carolina is Existing or more than 2 years old

DEMOCRACY NORTH CAROLINA

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DEMOCRACY NORTH CAROLINA

Borrower Address

3000 AERIAL CTR PKWY STE 160

Borrower City

MORRISVILLE

Borrower State

NC

Borrower Zip

27560-9132

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253990.00

Current Approval Amount

253989.13

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORRISVILLE

Project County Name

WAKE

Project State

NC

Project Zip

27560-9132

CD

NC-02

Jobs Reported

30

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

253989.13

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

255717.67

Forgiveness Date

12/22/2020

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