PPP Loan information for Summit academy charter school

$745,675

Summit academy charter school was initially approved for PPP Loan of amount $745,675, the current approved amount is $745,675. The loan was approved on 06/23/2020 by The Customers Bank reported 41 jobs and $745,675 was used to fund payroll.

Summit academy charter school is Existing or more than 2 years old

SUMMIT ACADEMY CHARTER SCHOOL

Date Approved

06/23/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

SUMMIT ACADEMY CHARTER SCHOOL

Borrower Address

27 Huntington Street

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11231-1824

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

745675.00

Current Approval Amount

745675.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11231-1824

CD

NY-10

Jobs Reported

41

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

745675.00

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

Non-Profit Organization

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

751946.84

Forgiveness Date

04/29/2021

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