PPP Loan information for Wesleyan education center

$1,811,734

Wesleyan education center was initially approved for PPP Loan of amount $1,811,734, the current approved amount is $1,811,734. The loan was approved on 04/13/2020 by The Pinnacle Bank reported 225 jobs and $1,811,734 was used to fund payroll.

Wesleyan education center is Existing or more than 2 years old

PPP Loan Search / NC / HIGH POINT / Wesleyan education center

WESLEYAN EDUCATION CENTER

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WESLEYAN EDUCATION CENTER

Borrower Address

1917 N. CENTENNIAL ST

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27262-7602

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1811734.00

Current Approval Amount

1811734.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIGH POINT

Project County Name

GUILFORD

Project State

NC

Project Zip

27262-7602

CD

NC-06

Jobs Reported

225

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1811734.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1825979.69

Forgiveness Date

01/28/2021

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