PPP Loan information for New orleans college preparatory academies

$1,687,876

New orleans college preparatory academies was initially approved for PPP Loan of amount $1,687,876, the current approved amount is $1,687,876. The loan was approved on 03/31/2021 by The Gulf Coast Bank and Trust Company reported 156 jobs and $1,687,876 was used to fund payroll.

New orleans college preparatory academies is Existing or more than 2 years old

NEW ORLEANS COLLEGE PREPARATORY ACADEMIES

Date Approved

03/31/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

NEW ORLEANS COLLEGE PREPARATORY ACADEMIES

Borrower Address

2301 Marengo St

Borrower City

New Orleans

Borrower State

LA

Borrower Zip

70115-6253

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1687875.83

Current Approval Amount

1687875.83

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116770

Servicing Lender Name

Gulf Coast Bank and Trust Company

Servicing Lender Address

200 St. Charles Ave

Servicing Lender City

NEW ORLEANS

Servicing Lender State

LA

Servicing Lender Zip

70130-2903

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Orleans

Project County Name

ORLEANS

Project State

LA

Project Zip

70115-6253

CD

LA-02

Jobs Reported

156

NAICS Code

611110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1687873.83

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

116770

Originating Lender

Gulf Coast Bank and Trust Company

Originating Lender City

NEW ORLEANS

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1702316.55

Forgiveness Date

02/17/2022

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