Penland School of Craft

$1,400,000 PPP Loan in Penland, North Carolina

Loan Details

Loan Number
5827247106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,400,000
Current Approval
$501,400
Forgiveness Amount
$504,102
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Penland School of Craft
Address
67 Dora's Trail
ZIP Code
28765
Business Type
Non-Profit Childcare Center
Industry (NAICS)
Educational Services (611519)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
NC-05

Loan Use Breakdown

Payroll
$501,400

Lender Information

Servicing Lender
Dogwood State Bank
Originating Lender
Dogwood State Bank

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