PPP Loan information for Reaching all minds academy, inc.

$402,570

Reaching all minds academy, inc. was initially approved for PPP Loan of amount $402,570, the current approved amount is $402,570. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 27 jobs and $402,570 was used to fund payroll.

Reaching all minds academy, inc. is Existing or more than 2 years old

REACHING ALL MINDS ACADEMY, INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

REACHING ALL MINDS ACADEMY, INC.

Borrower Address

2703 Holloway St

Borrower City

Durham

Borrower State

NC

Borrower Zip

27703-3301

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

402569.92

Current Approval Amount

402569.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27703-3301

CD

NC-04

Jobs Reported

27

NAICS Code

611110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

402569.92

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

Corporation

Originating Lender Location Id

124307

Originating Lender

Southern First Bank

Originating Lender City

GREENVILLE

Originating Lender State

SC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

406595.62

Forgiveness Date

04/28/2021

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