PPP Loan information for Advocates for academic excellence in edu

$1,620,800

Advocates for academic excellence in edu was initially approved for PPP Loan of amount $1,620,895, the current approved amount is $1,620,800. The loan was approved on 04/14/2020 by The First Horizon Bank reported 122 jobs and $1,620,800 was used to fund payroll.

Advocates for academic excellence in edu is Existing or more than 2 years old

ADVOCATES FOR ACADEMIC EXCELLENCE IN EDU

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ADVOCATES FOR ACADEMIC EXCELLENCE IN EDU

Borrower Address

2001 LEON C SIMON DR

Borrower City

NEW ORLEANS

Borrower State

LA

Borrower Zip

70122

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1620895.00

Current Approval Amount

1620800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ORLEANS

Project County Name

ORLEANS

Project State

LA

Project Zip

70122-1000

CD

LA-02

Jobs Reported

122

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1620800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1642725.82

Forgiveness Date

09/01/2021

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