PPP Loan information for Midland academy charter school inc

$518,800

Midland academy charter school inc was initially approved for PPP Loan of amount $518,800, the current approved amount is $518,800. The loan was approved on 05/06/2020 by The Prosperity Bank reported 48 jobs and $518,800 was used to fund payroll.

Midland academy charter school inc is Existing or more than 2 years old

MIDLAND ACADEMY CHARTER SCHOOL INC

Date Approved

05/06/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

MIDLAND ACADEMY CHARTER SCHOOL INC

Borrower Address

500 n baird

Borrower City

midland

Borrower State

TX

Borrower Zip

79701-4704

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

518800.00

Current Approval Amount

518800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79701-4704

CD

TX-11

Jobs Reported

48

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

518800.00

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

Corporation

Originating Lender Location Id

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

489413.32

Forgiveness Date

01/12/2021

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