PPP Loan information for Phoenix academy inc

$687,300

Phoenix academy inc was initially approved for PPP Loan of amount $145,800, the current approved amount is $687,300. The loan was approved on 05/05/2020 by The Truist Bank reported 88 jobs and $687,300 was used to fund payroll.

Phoenix academy inc is Existing or more than 2 years old

PHOENIX ACADEMY INC

Date Approved

05/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PHOENIX ACADEMY INC

Borrower Address

7847 CLINARD FARMS RD

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27265-9104

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

145800.00

Current Approval Amount

687300.00

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

HIGH POINT

Project County Name

GUILFORD

Project State

NC

Project Zip

27265-9104

CD

NC-06

Jobs Reported

88

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

687300.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

697475.86

Forgiveness Date

10/28/2021

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