The Methodist Home for Children, Inc.
$2,000,000 PPP Loan in Raleigh, North Carolina
Loan Details
- Loan Number
- 5174027210
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,024,889
- Forgiveness Date
- Jul 30, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Methodist Home for Children, Inc.
- Address
- 1041 Washington St
- City
- Raleigh
- State
- North Carolina
- ZIP Code
- 27605-1259
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Health Care and Social Assistance (623990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 296
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- NC-02
Loan Use Breakdown
- Payroll
- $1,950,000
- Rent
- $21,000
- Utilities
- $27,000
- Debt Interest
- $2,000
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
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