PPP Loan information for Covenant christian academy, inc

$473,867

Covenant christian academy, inc was initially approved for PPP Loan of amount $526,500, the current approved amount is $473,867. The loan was approved on 04/07/2020 by The Salem Five Cents Savings Bank reported 41 jobs and $473,867 was used to fund payroll.

Covenant christian academy, inc is Existing or more than 2 years old

PPP Loan Search / MA / PEABODY / Covenant christian academy, inc

COVENANT CHRISTIAN ACADEMY, INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

COVENANT CHRISTIAN ACADEMY, INC

Borrower Address

83 PINE ST

Borrower City

PEABODY

Borrower State

MA

Borrower Zip

01960-3633

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

526500.00

Current Approval Amount

473867.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEABODY

Project County Name

ESSEX

Project State

MA

Project Zip

01960-3633

CD

MA-06

Jobs Reported

41

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

473867.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

477552.63

Forgiveness Date

01/25/2021

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