# PPP loan: NORTH CAROLINA OUTWARD BOUND SCHOOL
> **$1.10M** approved 02/24/2021 · Paid in Full · Loan `3493938500`
## Borrower
- **Name:** NORTH CAROLINA OUTWARD BOUND SCHOOL
- **Address:** 2582 Riceville Rd, Asheville, NC, 28805-9793
- **NAICS:** 611699
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.12M (101%)
- **Forgiveness date:** 03/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.10M
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*