PPP Loan information for Madison ridgeland academy

$1,540,800

Madison ridgeland academy was initially approved for PPP Loan of amount $1,540,800, the current approved amount is $1,540,800. The loan was approved on 04/05/2020 by The BankPlus reported 210 jobs and $1,540,800 was used to fund payroll.

Madison ridgeland academy is Existing or more than 2 years old

MADISON RIDGELAND ACADEMY

Date Approved

04/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MADISON RIDGELAND ACADEMY

Borrower Address

7601 OLD CANTON RD

Borrower City

MADISON

Borrower State

MS

Borrower Zip

39110-8968

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1540800.00

Current Approval Amount

1540800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

MADISON

Project State

MS

Project Zip

39110-8968

CD

MS-03

Jobs Reported

210

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40000.00

Payroll Proceed

1402800.00

Mortgage Interest Proceed

48000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

48000.00

Debt Interest Proceed

2000

Business Type

Non-Profit Organization

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1550515.60

Forgiveness Date

11/23/2020

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