PPP Loan information for Saraswati school corporation

$119,689

Saraswati school corporation was initially approved for PPP Loan of amount $119,689, the current approved amount is $119,689. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 38 jobs and $119,689 was used to fund payroll.

Saraswati school corporation is New Business or 2 years or less

SARASWATI SCHOOL CORPORATION

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SARASWATI SCHOOL CORPORATION

Borrower Address

47127 SOUTHAMPTON CT

Borrower City

STERLING

Borrower State

VA

Borrower Zip

20165-7507

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119689.00

Current Approval Amount

119689.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STERLING

Project County Name

LOUDOUN

Project State

VA

Project Zip

20165-7507

CD

VA-10

Jobs Reported

38

NAICS Code

611692

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

119689.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120476.00

Forgiveness Date

12/31/2020

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