ACADEMY FOR THE PERFORMING ARTS INC. (NC) - 2020 PPP Loan Borrower Profile (# 4217708303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACADEMY FOR THE PERFORMING ARTS INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in North Carolina.

Loan Detail

Loan Number

4217708303

SBA Office Code

0460

Processing Method

PPS

Curent Loan Amount

$115,900

Date Loan was Approved

Jan 23, 2021

Amount Forgiven

$116,300.09

Date Loan was Forgiven

Jun 15, 2021

Loan Status

Paid in Full

Loan Term

59 Months

Utilities Proced

Payroll Proced

115,897

Lender

United Community Bank

Business Detail

Business Type

Corporation

NAICS

611610

Borrower Location

Cary, NC

Project Location

Cary, NC

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.