PPP Loan information for Alpha academy inc

$718,943

Alpha academy inc was initially approved for PPP Loan of amount $718,943, the current approved amount is $718,943. The loan was approved on 04/10/2020 by The First Horizon Bank reported 88 jobs and $718,943 was used to fund payroll.

Alpha academy inc is Existing or more than 2 years old

PPP Loan Search / NC / FAYETTEVILLE / Alpha academy inc

ALPHA ACADEMY INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ALPHA ACADEMY INC

Borrower Address

8030 RAEFORD RD

Borrower City

FAYETTEVILLE

Borrower State

NC

Borrower Zip

28304-5925

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

718943.00

Current Approval Amount

718943.00

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

FAYETTEVILLE

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28304-5925

CD

NC-09

Jobs Reported

88

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

618943.00

Mortgage Interest Proceed

0.00

Rent Proceed

100000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Professional Association

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

726012.61

Forgiveness Date

04/15/2021

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