PPP Loan information for Al-furqan academy inc

$45,425

Al-furqan academy inc was initially approved for PPP Loan of amount $45,425, the current approved amount is $45,425. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 8 jobs and $45,425 was used to fund payroll.

Al-furqan academy inc is New Business or 2 years or less

AL-FURQAN ACADEMY INC

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

AL-FURQAN ACADEMY INC

Borrower Address

1021 WILLIAMSBURG CT

Borrower City

NORCROSS

Borrower State

GA

Borrower Zip

30093-4123

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45425.00

Current Approval Amount

45425.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

NORCROSS

Project County Name

GWINNETT

Project State

GA

Project Zip

30093-4123

CD

GA-07

Jobs Reported

8

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45425.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35855.89

Forgiveness Date

07/22/2021

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