PPP Loan information for Koo chinese academy

$29,430

Koo chinese academy was initially approved for PPP Loan of amount $29,430, the current approved amount is $29,430. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 8 jobs and $29,430 was used to fund payroll.

Koo chinese academy is New Business or 2 years or less

KOO CHINESE ACADEMY

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

KOO CHINESE ACADEMY

Borrower Address

564 ALLEN RD

Borrower City

BASKING RIDGE

Borrower State

NJ

Borrower Zip

07920-3848

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29430.00

Current Approval Amount

29430.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BASKING RIDGE

Project County Name

SOMERSET

Project State

NJ

Project Zip

07920-3848

CD

NJ-07

Jobs Reported

8

NAICS Code

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

29430.00

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

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

28761.24

Forgiveness Date

03/10/2021

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