Montreat College

$1,970,200 PPP Loan in Montreat, North Carolina

Loan Details

Loan Number
9048657001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,970,200
Current Approval
$1,970,200
Forgiveness Amount
$1,990,118
Forgiveness Date
Apr 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Montreat College
Address
310 Gaither Circle Po Box 1267
ZIP Code
28757-0016
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
326
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
NC-11

Loan Use Breakdown

Payroll
$1,477,650
Rent
$197,020
Utilities
$98,510
Mortgage Interest
$197,020

Lender Information

Servicing Lender
America's Christian Cu
Originating Lender
America's Christian Cu

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