Lees Mcrae College INC

$1,751,400 PPP Loan in Banner Elk, North Carolina

Loan Details

Loan Number
9692787006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,751,400
Current Approval
$1,751,400
Forgiveness Amount
$1,766,530
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lees Mcrae College INC
Address
191 Main St
ZIP Code
28604-6967
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
223
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
NC-05

Loan Use Breakdown

Payroll
$1,751,400

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

Other PPP Loans in Banner Elk, NC

BusinessApproved
Banner Elk Cafe & Lodge Inc.$303,279NewBizBotResearch
Villa Sorrento Inc.$289,190NewBizBotResearch
Stonewalls III INC$263,116NewBizBotResearch
Vpc Builders LLC$230,588NewBizBotResearch
Artisanal LLC$204,190NewBizBotResearch

Want to research this company further?

Try NewBizBot free