PPP Loan information for Montessori academy incorporated

$561,426

Montessori academy incorporated was initially approved for PPP Loan of amount $561,426, the current approved amount is $561,426. The loan was approved on 04/10/2020 by The First Horizon Bank reported 49 jobs and $561,426 was used to fund payroll.

Montessori academy incorporated is Existing or more than 2 years old

PPP Loan Search / TN / BRENTWOOD / Montessori academy incorporated

MONTESSORI ACADEMY INCORPORATED

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MONTESSORI ACADEMY INCORPORATED

Borrower Address

100 MONTESSORI DR

Borrower City

BRENTWOOD

Borrower State

TN

Borrower Zip

37027-1520

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

561426.00

Current Approval Amount

561426.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRENTWOOD

Project County Name

WILLIAMSON

Project State

TN

Project Zip

37027-1520

CD

TN-05

Jobs Reported

49

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22000.00

Payroll Proceed

492926.00

Mortgage Interest Proceed

16500.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11000.00

Debt Interest Proceed

16000

Business Type

Non-Profit Organization

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

567492.52

Forgiveness Date

05/20/2021

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