PPP Loan information for Preschool learning center

$35,000

Preschool learning center was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 04/15/2020 by The Peoples Bank of Alabama reported 13 jobs and $35,000 was used to fund payroll.

Preschool learning center is Existing or more than 2 years old

PRESCHOOL LEARNING CENTER

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PRESCHOOL LEARNING CENTER

Borrower Address

2255 NORTH RD

Borrower City

GARDENDALE

Borrower State

AL

Borrower Zip

35071-4705

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

35000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GARDENDALE

Project County Name

JEFFERSON

Project State

AL

Project Zip

35071-4705

CD

AL-06

Jobs Reported

13

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

30000.00

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 Childcare Center

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

35224.58

Forgiveness Date

12/08/2020

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