PPP Loan information for Northeast academy for aerospace & advanced technologies

$609,900

Northeast academy for aerospace & advanced technologies was initially approved for PPP Loan of amount $609,900, the current approved amount is $609,900. The loan was approved on 05/26/2020 by The TowneBank reported 43 jobs and $609,900 was used to fund payroll.

Northeast academy for aerospace & advanced technologies is Existing or more than 2 years old

NORTHEAST ACADEMY FOR AEROSPACE & ADVANCED TECHNOLOGIES

Date Approved

05/26/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NORTHEAST ACADEMY FOR AEROSPACE & ADVANCED TECHNOLOGIES

Borrower Address

PO Box 2889

Borrower City

ELIZABETH CITY

Borrower State

NC

Borrower Zip

27906

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

609900.00

Current Approval Amount

609900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

R

Hubzone Indicator

N

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

27906-0001

CD

NC-01

Jobs Reported

43

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

609900.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

615609.34

Forgiveness Date

05/06/2021

;