PPP Loan information for Rocky mount academy

$775,400

Rocky mount academy was initially approved for PPP Loan of amount $775,400, the current approved amount is $775,400. The loan was approved on 04/08/2020 by The Southern Bank and Trust Company reported 81 jobs and $775,400 was used to fund payroll.

Rocky mount academy is Existing or more than 2 years old

PPP Loan Search / NC / ROCKY MOUNT / Rocky mount academy

ROCKY MOUNT ACADEMY

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ROCKY MOUNT ACADEMY

Borrower Address

1313 AVONDALE AVE

Borrower City

ROCKY MOUNT

Borrower State

NC

Borrower Zip

27803-1308

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

775400.00

Current Approval Amount

775400.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKY MOUNT

Project County Name

NASH

Project State

NC

Project Zip

27803-1308

CD

NC-01

Jobs Reported

81

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

775400.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

782615.53

Forgiveness Date

03/18/2021

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