PPP Loan information for Stem preparatory academy

$1,386,168

Stem preparatory academy was initially approved for PPP Loan of amount $1,386,168, the current approved amount is $1,386,168. The loan was approved on 04/13/2020 by The Pinnacle Bank reported 103 jobs and $1,386,168 was used to fund payroll.

Stem preparatory academy is Existing or more than 2 years old

STEM PREPARATORY ACADEMY

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

STEM PREPARATORY ACADEMY

Borrower Address

1162 FOSTER AVE

Borrower City

NASHVILLE

Borrower State

TN

Borrower Zip

37210-4428

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1386167.50

Current Approval Amount

1386167.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NASHVILLE

Project County Name

DAVIDSON

Project State

TN

Project Zip

37210-4428

CD

TN-05

Jobs Reported

103

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1386167.50

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 Organization

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1395206.07

Forgiveness Date

12/15/2020

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