PPP Loan information for Ambition preparatory charter school

$160,000

Ambition preparatory charter school was initially approved for PPP Loan of amount $160,000, the current approved amount is $160,000. The loan was approved on 04/08/2020 by The Hope Enterprise Corporation reported 20 jobs and $160,000 was used to fund payroll.

Ambition preparatory charter school is New Business or 2 years or less

AMBITION PREPARATORY CHARTER SCHOOL

Date Approved

04/08/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

AMBITION PREPARATORY CHARTER SCHOOL

Borrower Address

5331 Clinton Blvd.

Borrower City

JACKSON

Borrower State

MS

Borrower Zip

39209-3003

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160000.00

Current Approval Amount

160000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

487365

Servicing Lender Name

Hope Enterprise Corporation

Servicing Lender Address

4 Old River Place

Servicing Lender City

Jackson

Servicing Lender State

MS

Servicing Lender Zip

39202

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

JACKSON

Project County Name

HINDS

Project State

MS

Project Zip

39209-3003

CD

MS-02

Jobs Reported

20

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

131786.00

Mortgage Interest Proceed

0.00

Rent Proceed

25214.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

119946

Originating Lender

Hope FCU

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

161808.89

Forgiveness Date

05/27/2021

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