PPP Loan information for Al-israa academy

$57,300

Al-israa academy was initially approved for PPP Loan of amount $57,300, the current approved amount is $57,300. The loan was approved on 04/16/2020 by The Northeast Bank reported 12 jobs and $57,300 was used to fund payroll.

Al-israa academy is Existing or more than 2 years old

AL-ISRAA ACADEMY

Date Approved

04/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AL-ISRAA ACADEMY

Borrower Address

6875 HIGHWAY 65 NE

Borrower City

Fridley

Borrower State

MN

Borrower Zip

55432-4674

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57300.00

Current Approval Amount

57300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38406

Servicing Lender Name

Northeast Bank

Servicing Lender Address

77 Broadway St NE

Servicing Lender City

MINNEAPOLIS

Servicing Lender State

MN

Servicing Lender Zip

55413-1811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fridley

Project County Name

ANOKA

Project State

MN

Project Zip

55432-4674

CD

MN-05

Jobs Reported

12

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57300.00

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

38406

Originating Lender

Northeast Bank

Originating Lender City

MINNEAPOLIS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

58077.08

Forgiveness Date

09/01/2021

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