PPP Loan information for Advocates for arts based education corp

$3,214,000

Advocates for arts based education corp was initially approved for PPP Loan of amount $3,214,000, the current approved amount is $3,214,000. The loan was approved on 04/13/2020 by The Hancock Whitney Bank reported 335 jobs and $3,214,000 was used to fund payroll.

Advocates for arts based education corp is Existing or more than 2 years old

ADVOCATES FOR ARTS BASED EDUCATION CORP

Date Approved

04/13/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ADVOCATES FOR ARTS BASED EDUCATION CORP

Borrower Address

5624 FRERET ST

Borrower City

NEW ORLEANS

Borrower State

LA

Borrower Zip

70115-6547

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3214000.00

Current Approval Amount

3214000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

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

70115-6547

CD

LA-01

Jobs Reported

335

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3214000.00

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

Corporation

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3257031.89

Forgiveness Date

08/11/2021

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