PPP Loan information for Marion community school of the arts inc.

$56,469

Marion community school of the arts inc. was initially approved for PPP Loan of amount $56,469, the current approved amount is $56,469. The loan was approved on 02/01/2021 by The First Farmers Bank & Trust Co. reported 10 jobs and $56,469 was used to fund payroll.

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

MARION COMMUNITY SCHOOL OF THE ARTS INC.

Date Approved

02/01/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

MARION COMMUNITY SCHOOL OF THE ARTS INC.

Borrower Address

305 S Adams St

Borrower City

Marion

Borrower State

IN

Borrower Zip

46952-4012

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56468.80

Current Approval Amount

56468.80

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

10

NAICS Code

611610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

56466.80

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

56772.03

Forgiveness Date

08/20/2021

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