PPP Loan information for The american chestnut foundation

$208,100

The american chestnut foundation was initially approved for PPP Loan of amount $208,100, the current approved amount is $208,100. The loan was approved on 04/14/2020 by The Truist Bank reported 18 jobs and $208,100 was used to fund payroll.

The american chestnut foundation is Existing or more than 2 years old

PPP Loan Search / NC / ASHEVILLE / The american chestnut foundation

THE AMERICAN CHESTNUT FOUNDATION

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE AMERICAN CHESTNUT FOUNDATION

Borrower Address

50 N Merrimon Ave, Ste 115

Borrower City

ASHEVILLE

Borrower State

NC

Borrower Zip

28804-1395

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

208100.00

Current Approval Amount

208100.00

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

ASHEVILLE

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28804-1395

CD

NC-11

Jobs Reported

18

NAICS Code

111421

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

208100.00

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

209845.73

Forgiveness Date

02/24/2021

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