PPP Loan information for Marion community school of the arts

$47,856

Marion community school of the arts was initially approved for PPP Loan of amount $60,375, the current approved amount is $47,856. The loan was approved on 04/14/2020 by The First Farmers Bank & Trust Co. reported 7 jobs and $47,856 was used to fund payroll.

Marion community school of the arts is Existing or more than 2 years old

PPP Loan Search / IN / Marion / Marion community school of the arts

MARION COMMUNITY SCHOOL OF THE ARTS

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MARION COMMUNITY SCHOOL OF THE ARTS

Borrower Address

305 S Adams St

Borrower City

Marion

Borrower State

IN

Borrower Zip

46952-4012

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60375.00

Current Approval Amount

47856.38

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Marion

Project County Name

GRANT

Project State

IN

Project Zip

46952-4012

CD

IN-05

Jobs Reported

7

NAICS Code

611610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47856.38

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

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

48127.78

Forgiveness Date

11/17/2020

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