PPP Loan information for Open hearts art center

$135,552

Open hearts art center was initially approved for PPP Loan of amount $135,552, the current approved amount is $135,552. The loan was approved on 05/18/2021 by The Mountain Bizcapital, Inc. reported 20 jobs and $135,552 was used to fund payroll.

Open hearts art center is Existing or more than 2 years old

PPP Loan Search / NC / Asheville / Open hearts art center

OPEN HEARTS ART CENTER

Date Approved

05/18/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

OPEN HEARTS ART CENTER

Borrower Address

217 Coxe Ave

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28801-4006

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

135552.00

Current Approval Amount

135552.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

447221

Servicing Lender Name

Mountain Bizcapital, Inc.

Servicing Lender Address

153 South Lexington Avenue

Servicing Lender City

Asheville

Servicing Lender State

NC

Servicing Lender Zip

28801

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Asheville

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28801-4006

CD

NC-11

Jobs Reported

20

NAICS Code

541430

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

135548.00

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

447221

Originating Lender

Mountain Bizcapital, Inc.

Originating Lender City

Asheville

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

136513.86

Forgiveness Date

02/08/2022

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