PPP Loan information for New beginnings academy

$83,927

New beginnings academy was initially approved for PPP Loan of amount $67,765, the current approved amount is $83,927. The loan was approved on 05/15/2020 by The Bank of America, National Association reported 8 jobs and $83,927 was used to fund payroll.

New beginnings academy is New Business or 2 years or less

PPP Loan Search / IL / HAZEL CREST / New beginnings academy

NEW BEGINNINGS ACADEMY

Date Approved

05/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NEW BEGINNINGS ACADEMY

Borrower Address

18225 FOUNTAINBLEAU DR

Borrower City

HAZEL CREST

Borrower State

IL

Borrower Zip

60429-2231

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

67765.00

Current Approval Amount

83927.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HAZEL CREST

Project County Name

COOK

Project State

IL

Project Zip

60429-2231

CD

IL-02

Jobs Reported

8

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

83927.00

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

Professional Association

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;