PPP Loan information for Grace academy inc

$319,700

Grace academy inc was initially approved for PPP Loan of amount $319,700, the current approved amount is $319,700. The loan was approved on 04/11/2020 by The Truist Bank reported 59 jobs and $319,700 was used to fund payroll.

Grace academy inc is Existing or more than 2 years old

GRACE ACADEMY INC

Date Approved

04/11/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

GRACE ACADEMY INC

Borrower Address

13321 Cearfoss Pike

Borrower City

HAGERSTOWN

Borrower State

MD

Borrower Zip

21740-1614

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

319700.00

Current Approval Amount

319700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAGERSTOWN

Project County Name

WASHINGTON

Project State

MD

Project Zip

21740-1614

CD

MD-06

Jobs Reported

59

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

319700.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

323314.39

Forgiveness Date

06/14/2021

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