PPP Loan information for Alternative academic achievement academy

$321,635

Alternative academic achievement academy was initially approved for PPP Loan of amount $500,000, the current approved amount is $321,635. The loan was approved on 04/14/2020 by The Old National Bank reported 51 jobs and $321,635 was used to fund payroll.

Alternative academic achievement academy is Existing or more than 2 years old

ALTERNATIVE ACADEMIC ACHIEVEMENT ACADEMY

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ALTERNATIVE ACADEMIC ACHIEVEMENT ACADEMY

Borrower Address

13801 Chatham St

Borrower City

Blue Island

Borrower State

IL

Borrower Zip

60406-3219

Loan Status Date

07/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

321634.79

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Blue Island

Project County Name

COOK

Project State

IL

Project Zip

60406-3219

CD

IL-01

Jobs Reported

51

NAICS Code

923110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

321634.79

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

324636.71

Forgiveness Date

03/26/2021

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