PPP Loan information for Morgantown learning academy

$95,500

Morgantown learning academy was initially approved for PPP Loan of amount $95,500, the current approved amount is $95,500. The loan was approved on 04/27/2020 by The First Exchange Bank reported 20 jobs and $95,500 was used to fund payroll.

Morgantown learning academy is Existing or more than 2 years old

PPP Loan Search / WV / MORGANTOWN / Morgantown learning academy

MORGANTOWN LEARNING ACADEMY

Date Approved

04/27/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MORGANTOWN LEARNING ACADEMY

Borrower Address

123 Discovery Place

Borrower City

MORGANTOWN

Borrower State

WV

Borrower Zip

26508

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95500.00

Current Approval Amount

95500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75183

Servicing Lender Name

First Exchange Bank

Servicing Lender Address

1 Heritage Way

Servicing Lender City

WHITE HALL

Servicing Lender State

WV

Servicing Lender Zip

26554-4191

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORGANTOWN

Project County Name

MONONGALIA

Project State

WV

Project Zip

26508-0001

CD

WV-02

Jobs Reported

20

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1280.00

Payroll Proceed

90570.00

Mortgage Interest Proceed

3650.00

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

75183

Originating Lender

First Exchange Bank

Originating Lender City

WHITE HALL

Originating Lender State

WV

Gender

Female Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

96261.35

Forgiveness Date

02/16/2021

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