PPP Loan information for Chelsea academy

$246,700

Chelsea academy was initially approved for PPP Loan of amount $246,700, the current approved amount is $246,700. The loan was approved on 04/15/2020 by The Summit Community Bank, Inc. reported 33 jobs and $246,700 was used to fund payroll.

Chelsea academy is Existing or more than 2 years old

PPP Loan Search / VA / FRONT ROYAL / Chelsea academy

CHELSEA ACADEMY

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CHELSEA ACADEMY

Borrower Address

4 FAMILY LIFE LN

Borrower City

FRONT ROYAL

Borrower State

VA

Borrower Zip

22630-6453

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

246700.00

Current Approval Amount

246700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FRONT ROYAL

Project County Name

WARREN

Project State

VA

Project Zip

22630-6453

CD

VA-06

Jobs Reported

33

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6700.00

Payroll Proceed

200000.00

Mortgage Interest Proceed

40000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

248022.59

Forgiveness Date

11/03/2020

;