Catawba College

$2,650,000 PPP Loan in Salisbury, North Carolina

Loan Details

Loan Number
4017627400
Date Approved
May 8, 2020
Loan Status
Paid in Full
Initial Approval
$2,650,000
Current Approval
$2,650,000
Forgiveness Amount
$2,678,856
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Catawba College
Address
2300 West Innes St
ZIP Code
28144-2441
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
435
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
NC-08

Loan Use Breakdown

Payroll
$2,350,000
Utilities
$200,000
Health Care
$100,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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