PPP Loan information for Schoolhouse learning communities, inc

$395,700

Schoolhouse learning communities, inc was initially approved for PPP Loan of amount $395,700, the current approved amount is $395,700. The loan was approved on 04/14/2020 by The First Merchants Bank reported 32 jobs and $395,700 was used to fund payroll.

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

SCHOOLHOUSE LEARNING COMMUNITIES, INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHOOLHOUSE LEARNING COMMUNITIES, INC

Borrower Address

0 PO Box 355

Borrower City

Northville

Borrower State

MI

Borrower Zip

48167-0355

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

395700.00

Current Approval Amount

395700.00

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

Northville

Project County Name

WAYNE

Project State

MI

Project Zip

48167-0355

CD

MI-06

Jobs Reported

32

NAICS Code

624410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

395700.00

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

397846.54

Forgiveness Date

11/03/2020

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