PPP Loan information for Institute of art therapy, inc

$49,508

Institute of art therapy, inc was initially approved for PPP Loan of amount $34,470, the current approved amount is $49,508. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $49,508 was used to fund payroll.

Institute of art therapy, inc is New Business or 2 years or less

INSTITUTE OF ART THERAPY, INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

INSTITUTE OF ART THERAPY, INC

Borrower Address

200 N GREENSBORO ST STE D6

Borrower City

CARRBORO

Borrower State

NC

Borrower Zip

27510-1849

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34470.00

Current Approval Amount

49508.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CARRBORO

Project County Name

ORANGE

Project State

NC

Project Zip

27510-1849

CD

NC-04

Jobs Reported

4

NAICS Code

621498

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49508.00

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

Professional Association

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26420.94

Forgiveness Date

08/19/2021

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