PPP Loan information for American driving academy inc.

$123,850

American driving academy inc. was initially approved for PPP Loan of amount $123,850, the current approved amount is $123,850. The loan was approved on 02/10/2021 by The U.S. Bank, National Association reported 23 jobs and $123,850 was used to fund payroll.

American driving academy inc. is Existing or more than 2 years old

AMERICAN DRIVING ACADEMY INC.

Date Approved

02/10/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

AMERICAN DRIVING ACADEMY INC.

Borrower Address

2441 N Union Blvd

Borrower City

Colorado Spgs

Borrower State

CO

Borrower Zip

80909-1107

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

123850.00

Current Approval Amount

123850.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Colorado Spgs

Project County Name

EL PASO

Project State

CO

Project Zip

80909-1107

CD

CO-05

Jobs Reported

23

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

123849.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

124538.06

Forgiveness Date

09/01/2021

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