PPP Loan information for Bais yaakov academy

$710,697

Bais yaakov academy was initially approved for PPP Loan of amount $710,697, the current approved amount is $710,697. The loan was approved on 04/30/2020 by The Customers Bank reported 144 jobs and $710,697 was used to fund payroll.

Bais yaakov academy is Existing or more than 2 years old

BAIS YAAKOV ACADEMY

Date Approved

04/30/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

BAIS YAAKOV ACADEMY

Borrower Address

1213 Elm Avenue

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11230

Loan Status Date

03/19/2022

Loan Status

Charged Off

Term

7

SBA Guaranty Percentage

100

Initial Approval Amount

710697.00

Current Approval Amount

710697.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11230-0001

CD

NY-09

Jobs Reported

144

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

710697.00

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

Professional Association

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

637476.60

Forgiveness Date

07/14/2021

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