PPP Loan information for Mid-atlantic christian university inc

$437,535

Mid-atlantic christian university inc was initially approved for PPP Loan of amount $437,535, the current approved amount is $437,535. The loan was approved on 02/06/2021 by The Southern Bank and Trust Company reported 114 jobs and $437,535 was used to fund payroll.

Mid-atlantic christian university inc is Existing or more than 2 years old

MID-ATLANTIC CHRISTIAN UNIVERSITY INC

Date Approved

02/06/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MID-ATLANTIC CHRISTIAN UNIVERSITY INC

Borrower Address

715 N Poindexter St

Borrower City

Elizabeth City

Borrower State

NC

Borrower Zip

27909-4054

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

437535.00

Current Approval Amount

437535.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elizabeth City

Project County Name

PASQUOTANK

Project State

NC

Project Zip

27909-4054

CD

NC-01

Jobs Reported

114

NAICS Code

611310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

437534.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

442384.35

Forgiveness Date

03/21/2022

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