PPP Loan information for Salem baptist preschool

$73,541

Salem baptist preschool was initially approved for PPP Loan of amount $73,541, the current approved amount is $73,541. The loan was approved on 04/15/2020 by The First Horizon Bank reported 15 jobs and $73,541 was used to fund payroll.

Salem baptist preschool is Existing or more than 2 years old

SALEM BAPTIST PRESCHOOL

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SALEM BAPTIST PRESCHOOL

Borrower Address

1205 SALEM CHURCH RD

Borrower City

APEX

Borrower State

NC

Borrower Zip

27523-8259

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73541.00

Current Approval Amount

73541.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

APEX

Project County Name

WAKE

Project State

NC

Project Zip

27523-8259

CD

NC-02

Jobs Reported

15

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3708.00

Payroll Proceed

68833.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

74317.27

Forgiveness Date

05/18/2021

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