PPP Loan information for Academy for children, inc.

$89,800

Academy for children, inc. was initially approved for PPP Loan of amount $89,800, the current approved amount is $89,800. The loan was approved on 04/03/2020 by The American Federal Bank reported 25 jobs and $89,800 was used to fund payroll.

Academy for children, inc. is Existing or more than 2 years old

ACADEMY FOR CHILDREN, INC.

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

ACADEMY FOR CHILDREN, INC.

Borrower Address

20 S 8th Street

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-1805

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89800.00

Current Approval Amount

89800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81371

Servicing Lender Name

American Federal Bank

Servicing Lender Address

215 5th St N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4867

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58102-1805

CD

ND-

Jobs Reported

25

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1600.00

Payroll Proceed

83500.00

Mortgage Interest Proceed

0.00

Rent Proceed

4700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

81371

Originating Lender

American Federal Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

90508.42

Forgiveness Date

01/20/2021

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