PPP Loan information for Caravel academy

$1,346,112

Caravel academy was initially approved for PPP Loan of amount $1,346,112, the current approved amount is $1,346,112. The loan was approved on 04/29/2020 by The Wilmington Savings Fund Society, FSB reported 207 jobs and $1,346,112 was used to fund payroll.

Caravel academy is Existing or more than 2 years old

PPP Loan Search / DE / BEAR / Caravel academy

CARAVEL ACADEMY

Date Approved

04/29/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

CARAVEL ACADEMY

Borrower Address

2801 DEL LAWS RD

Borrower City

BEAR

Borrower State

DE

Borrower Zip

19701-1799

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1346112.00

Current Approval Amount

1346112.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEAR

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19701-1799

CD

DE-

Jobs Reported

207

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

405303.00

Payroll Proceed

940809.00

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

Non-Profit Organization

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1362375.98

Forgiveness Date

07/19/2021

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