Date Approved
04/30/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
THE NEW CLASSICAL ACADEMY
Borrower Address
671 Sand Hill Rd
Borrower City
Asheville
Borrower State
NC
Borrower Zip
28806
Loan Status Date
01/29/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
61917.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
456756
Servicing Lender Name
Cross River Bank
Servicing Lender Address
885 Teaneck Rd
Servicing Lender City
TEANECK
Servicing Lender State
NJ
Servicing Lender Zip
07666-4546
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
BUNCOMBE
Project State
Project Zip
28806-0001
CD
NC-11
Jobs Reported
10
NAICS Code
611110
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Y
Forgiveness Amount
62285.11
Forgiveness Date
12/10/2020