PPP Loan information for Ermer's learning academy, inc.

$42,491

Ermer's learning academy, inc. was initially approved for PPP Loan of amount $42,491, the current approved amount is $42,491. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 8 jobs and $42,491 was used to fund payroll.

Ermer's learning academy, inc. is New Business or 2 years or less

ERMER'S LEARNING ACADEMY, INC.

Date Approved

05/01/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ERMER'S LEARNING ACADEMY, INC.

Borrower Address

4006 W BARRAQUE ST

Borrower City

PINE BLUFF

Borrower State

AR

Borrower Zip

71602-5232

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42491.00

Current Approval Amount

42491.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PINE BLUFF

Project County Name

JEFFERSON

Project State

AR

Project Zip

71602-5232

CD

AR-04

Jobs Reported

8

NAICS Code

624410

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42491.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32829.43

Forgiveness Date

05/20/2021

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