PPP Loan information for Young men's christian association of western north carolina

$1,500,000

Young men's christian association of western north carolina was initially approved for PPP Loan of amount $1,500,000, the current approved amount is $1,500,000. The loan was approved on 05/15/2021 by The Mechanics & Farmers Bank reported 169 jobs and $1,500,000 was used to fund payroll.

Young men's christian association of western north carolina is Existing or more than 2 years old

YOUNG MEN'S CHRISTIAN ASSOCIATION OF WESTERN NORTH CAROLINA

Date Approved

05/15/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

YOUNG MEN'S CHRISTIAN ASSOCIATION OF WESTERN NORTH CAROLINA

Borrower Address

40 N Merrimon Ave Ste 309

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28804-1368

Loan Status Date

12/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1500000.00

Current Approval Amount

1500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50708

Servicing Lender Name

Mechanics & Farmers Bank

Servicing Lender Address

2634 Durham-Chapel Hill Blvd

Servicing Lender City

DURHAM

Servicing Lender State

NC

Servicing Lender Zip

27707-2800

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

28804-1368

CD

NC-11

Jobs Reported

169

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1500000.00

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

50708

Originating Lender

Mechanics & Farmers Bank

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1522150.68

Forgiveness Date

11/09/2022

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