PPP Loan information for Montgomery academy

$918,848

Montgomery academy was initially approved for PPP Loan of amount $918,848, the current approved amount is $918,848. The loan was approved on 01/22/2021 by The Lakeland Bank reported 72 jobs and $918,848 was used to fund payroll.

Montgomery academy is Existing or more than 2 years old

MONTGOMERY ACADEMY

Date Approved

01/22/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MONTGOMERY ACADEMY

Borrower Address

188 Mount Airy Rd Ste 101

Borrower City

Basking Ridge

Borrower State

NJ

Borrower Zip

07920-2045

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

918848.42

Current Approval Amount

918848.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Basking Ridge

Project County Name

SOMERSET

Project State

NJ

Project Zip

07920-2045

CD

NJ-07

Jobs Reported

72

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

918844.42

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

501(c)3 – Non Profit

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

927143.58

Forgiveness Date

12/23/2021

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