PPP Loan information for Chelsea academy inc

$244,900

Chelsea academy inc was initially approved for PPP Loan of amount $244,900, the current approved amount is $244,900. The loan was approved on 03/20/2021 by The Summit Community Bank, Inc. reported 26 jobs and $244,900 was used to fund payroll.

Chelsea academy inc is Existing or more than 2 years old

CHELSEA ACADEMY INC

Date Approved

03/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

CHELSEA ACADEMY INC

Borrower Address

4 Family Life Ln

Borrower City

Front Royal

Borrower State

VA

Borrower Zip

22630-6453

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

244900.00

Current Approval Amount

244900.00

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

26

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

244898.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

246383.01

Forgiveness Date

10/29/2021

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