PPP Loan information for Jak academy llc

$148,300

Jak academy llc was initially approved for PPP Loan of amount $132,200, the current approved amount is $148,300. The loan was approved on 04/07/2020 by The The Bancorp Bank National Association reported 32 jobs and $148,300 was used to fund payroll.

Jak academy llc is Existing or more than 2 years old

JAK ACADEMY LLC

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

JAK ACADEMY LLC

Borrower Address

9473 W Saint Francis Rd

Borrower City

Frankfort

Borrower State

IL

Borrower Zip

60423-8332

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132200.00

Current Approval Amount

148300.00

Undisbursed Amount

0.00

Franchise Name

Kiddie Academy

Servicing Lender Location Id

188901

Servicing Lender Name

The Bancorp Bank National Association

Servicing Lender Address

6100 S Old Village Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frankfort

Project County Name

WILL

Project State

IL

Project Zip

60423-8332

CD

IL-01

Jobs Reported

32

NAICS Code

611710

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

148300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

188901

Originating Lender

The Bancorp Bank National Association

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

149239.23

Forgiveness Date

11/30/2020

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