PPP Loan information for The arts center

$101,997

The arts center was initially approved for PPP Loan of amount $101,997, the current approved amount is $101,997. The loan was approved on 01/20/2021 by The The Fidelity Bank reported 13 jobs and $101,997 was used to fund payroll.

The arts center is Existing or more than 2 years old

THE ARTS CENTER

Date Approved

01/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

THE ARTS CENTER

Borrower Address

300 E Main St Ste G

Borrower City

Carrboro

Borrower State

NC

Borrower Zip

27510-2359

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

101997.00

Current Approval Amount

101997.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carrboro

Project County Name

ORANGE

Project State

NC

Project Zip

27510-2359

CD

NC-04

Jobs Reported

13

NAICS Code

712110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

101996.00

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

Corporation

Originating Lender Location Id

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

102512.65

Forgiveness Date

07/23/2021

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