PPP Loan information for Cumberland academy

$1,846,700

Cumberland academy was initially approved for PPP Loan of amount $1,846,700, the current approved amount is $1,846,700. The loan was approved on 04/13/2020 by The Origin Bank reported 249 jobs and $1,846,700 was used to fund payroll.

Cumberland academy is Existing or more than 2 years old

PPP Loan Search / TX / TYLER / Cumberland academy

CUMBERLAND ACADEMY

Date Approved

04/13/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

CUMBERLAND ACADEMY

Borrower Address

1340 SHILOH RD

Borrower City

TYLER

Borrower State

TX

Borrower Zip

75703-1523

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1846700.00

Current Approval Amount

1846700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TYLER

Project County Name

SMITH

Project State

TX

Project Zip

75703-1523

CD

TX-01

Jobs Reported

249

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

55401.00

Payroll Proceed

1385025.00

Mortgage Interest Proceed

36934.00

Rent Proceed

369340.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1858387.33

Forgiveness Date

12/08/2020

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