Penland School of Craft

$598,983 PPP Loan in Bakersville, North Carolina

Loan Details

Loan Number
3890168302
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$598,983
Current Approval
$598,983
Forgiveness Amount
$602,277
Forgiveness Date
Aug 16, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Penland School of Craft
Address
67 Doras Trl
ZIP Code
28705-0397
Business Type
Non-Profit Childcare Center
Industry (NAICS)
Educational Services (611610)
Business Age
Existing or more than 2 years old
Jobs Reported
73
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
NC-05

Loan Use Breakdown

Payroll
$598,982
Utilities
$1

Lender Information

Servicing Lender
Dogwood State Bank
Originating Lender
Dogwood State Bank

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