PPP Loan information for University of mount olive, inc.

$4,091,100

University of mount olive, inc. was initially approved for PPP Loan of amount $4,091,100, the current approved amount is $4,091,100. The loan was approved on 04/27/2020 by The North State Bank reported 486 jobs and $4,091,100 was used to fund payroll.

University of mount olive, inc. is Existing or more than 2 years old

UNIVERSITY OF MOUNT OLIVE, INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

UNIVERSITY OF MOUNT OLIVE, INC.

Borrower Address

634 Henderson Street

Borrower City

Mount Olive

Borrower State

NC

Borrower Zip

28365

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4091100.00

Current Approval Amount

4091100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124643

Servicing Lender Name

North State Bank

Servicing Lender Address

6204 Falls of Neuse Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-3506

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mount Olive

Project County Name

WAYNE

Project State

NC

Project Zip

28365-0001

CD

NC-13

Jobs Reported

486

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4091100.00

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

124643

Originating Lender

North State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4149720.42

Forgiveness Date

10/13/2021

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