As part of the Paycheck Protection Program LEES MCRAE COLLEGE INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

LEES MCRAE COLLEGE INC


Loan Amount	$1,751,400
BusinessName	LEES MCRAE COLLEGE INC
Address	191 Main ST
City	BANNER ELK
State	NC
Zip	28604
NAICSCode	611310
BusinessType	Non-Profit Organization
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit	Y
JobsReported	223
DateApproved	04/09/2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co
CD	NC-05
BusinessName.clean	LEES MCRAE COLLEGE

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

LEES SUMMIT DEALERSHIP
LEESA SLEEP
LEESAR
LEESBURG PIKE COMMUNITY CHURCH
LEESBURG SOUTHERN ELECTRIC