PPP Loan information for After school academics & arts program

$27,000

After school academics & arts program was initially approved for PPP Loan of amount $27,000, the current approved amount is $27,000. The loan was approved on 04/09/2020 by The Magnolia State Bank reported 14 jobs and $27,000 was used to fund payroll.

After school academics & arts program is Existing or more than 2 years old

AFTER SCHOOL ACADEMICS & ARTS PROGRAM

Date Approved

04/09/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

AFTER SCHOOL ACADEMICS & ARTS PROGRAM

Borrower Address

106 N 38th Avenue

Borrower City

HATTIESBURG

Borrower State

MS

Borrower Zip

39401-6701

Loan Status Date

06/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27000.00

Current Approval Amount

27000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39096

Servicing Lender Name

Magnolia State Bank

Servicing Lender Address

28 Hwy 528

Servicing Lender City

BAY SPRINGS

Servicing Lender State

MS

Servicing Lender Zip

39422-4821

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HATTIESBURG

Project County Name

FORREST

Project State

MS

Project Zip

39401-6701

CD

MS-04

Jobs Reported

14

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27000.00

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

39096

Originating Lender

Magnolia State Bank

Originating Lender City

BAY SPRINGS

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27280.50

Forgiveness Date

04/27/2021

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