PPP Loan information for Crescent city schools

$3,000,000

Crescent city schools was initially approved for PPP Loan of amount $3,000,000, the current approved amount is $3,000,000. The loan was approved on 04/06/2020 by The Hope Enterprise Corporation reported 360 jobs and $3,000,000 was used to fund payroll.

Crescent city schools is Existing or more than 2 years old

CRESCENT CITY SCHOOLS

Date Approved

04/06/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

CRESCENT CITY SCHOOLS

Borrower Address

3811 North Galvez Street

Borrower City

NEW ORLEANS

Borrower State

LA

Borrower Zip

70117-5503

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3000000.00

Current Approval Amount

3000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

487365

Servicing Lender Name

Hope Enterprise Corporation

Servicing Lender Address

4 Old River Place

Servicing Lender City

Jackson

Servicing Lender State

MS

Servicing Lender Zip

39202

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW ORLEANS

Project County Name

ORLEANS

Project State

LA

Project Zip

70117-5503

CD

LA-02

Jobs Reported

360

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

63295.00

Payroll Proceed

2894672.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

42033.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

119946

Originating Lender

Hope FCU

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3036750.00

Forgiveness Date

06/28/2021

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