PPP Loan information for New hope academy

$437,300

New hope academy was initially approved for PPP Loan of amount $437,300, the current approved amount is $437,300. The loan was approved on 04/27/2020 by The Fifth Third Bank reported 50 jobs and $437,300 was used to fund payroll.

New hope academy is Existing or more than 2 years old

NEW HOPE ACADEMY

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

NEW HOPE ACADEMY

Borrower Address

1820 DOWNS BLVD

Borrower City

FRANKLIN

Borrower State

TN

Borrower Zip

37064-6859

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

437300.00

Current Approval Amount

437300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

WILLIAMSON

Project State

TN

Project Zip

37064-6859

CD

TN-07

Jobs Reported

50

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

437300.00

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

Non-Profit Organization

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

442669.07

Forgiveness Date

07/21/2021

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