PPP Loan information for Arise academy

$1,483,387

Arise academy was initially approved for PPP Loan of amount $1,483,387, the current approved amount is $1,483,387. The loan was approved on 04/09/2020 by The Hope Enterprise Corporation reported 146 jobs and $1,483,387 was used to fund payroll.

Arise academy is Existing or more than 2 years old

PPP Loan Search / LA / New Orleans / Arise academy

ARISE ACADEMY

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ARISE ACADEMY

Borrower Address

3819 St. Claude Ave.

Borrower City

New Orleans

Borrower State

LA

Borrower Zip

70117-5735

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1483387.00

Current Approval Amount

1483387.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

New Orleans

Project County Name

ORLEANS

Project State

LA

Project Zip

70117-5735

CD

LA-02

Jobs Reported

146

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

360000.00

Payroll Proceed

1073387.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

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

1501187.64

Forgiveness Date

06/17/2021

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