PPP Loan information for Freedom preparatory academy inc

$2,600,000

Freedom preparatory academy inc was initially approved for PPP Loan of amount $2,600,000, the current approved amount is $2,600,000. The loan was approved on 04/12/2020 by The Pinnacle Bank reported 257 jobs and $2,600,000 was used to fund payroll.

Freedom preparatory academy inc is Existing or more than 2 years old

FREEDOM PREPARATORY ACADEMY INC

Date Approved

04/12/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

FREEDOM PREPARATORY ACADEMY INC

Borrower Address

5132 Jonetta St

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38109-7061

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2600000.00

Current Approval Amount

2600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38109-7061

CD

TN-09

Jobs Reported

257

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2600000.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2631200.00

Forgiveness Date

06/28/2021

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