PPP Loan information for Oak mountain academy, inc.

$312,400

Oak mountain academy, inc. was initially approved for PPP Loan of amount $312,400, the current approved amount is $312,400. The loan was approved on 04/09/2020 by The ServisFirst Bank reported 47 jobs and $312,400 was used to fund payroll.

Oak mountain academy, inc. is Existing or more than 2 years old

OAK MOUNTAIN ACADEMY, INC.

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

OAK MOUNTAIN ACADEMY, INC.

Borrower Address

222 Cross Plains Road

Borrower City

CARROLLTON

Borrower State

GA

Borrower Zip

30116-6692

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312400.00

Current Approval Amount

312400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CARROLLTON

Project County Name

CARROLL

Project State

GA

Project Zip

30116-6692

CD

GA-03

Jobs Reported

47

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10470.00

Payroll Proceed

254298.00

Mortgage Interest Proceed

7995.00

Rent Proceed

39637.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

315072.76

Forgiveness Date

02/19/2021

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