PPP Loan information for Schoolhouse learning communities inc

$327,810

Schoolhouse learning communities inc was initially approved for PPP Loan of amount $327,810, the current approved amount is $327,810. The loan was approved on 01/20/2021 by The First Merchants Bank reported 50 jobs and $327,810 was used to fund payroll.

Schoolhouse learning communities inc is Existing or more than 2 years old

SCHOOLHOUSE LEARNING COMMUNITIES INC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SCHOOLHOUSE LEARNING COMMUNITIES INC

Borrower Address

1669 S Haggerty Rd

Borrower City

Canton

Borrower State

MI

Borrower Zip

48188-1318

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

327810.00

Current Approval Amount

327810.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

WAYNE

Project State

MI

Project Zip

48188-1318

CD

MI-06

Jobs Reported

50

NAICS Code

624410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

327806.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

329175.13

Forgiveness Date

06/23/2021

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