PPP Loan information for Summit preparatory academy

$197,900

Summit preparatory academy was initially approved for PPP Loan of amount $197,900, the current approved amount is $197,900. The loan was approved on 04/28/2020 by The United Community Bank reported 25 jobs and $197,900 was used to fund payroll.

Summit preparatory academy is Existing or more than 2 years old

PPP Loan Search / TN / HENDERSONVILLE / Summit preparatory academy

SUMMIT PREPARATORY ACADEMY

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SUMMIT PREPARATORY ACADEMY

Borrower Address

1039 SOMERSET DOWNS BLVD

Borrower City

HENDERSONVILLE

Borrower State

TN

Borrower Zip

37075-1704

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197900.00

Current Approval Amount

197900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HENDERSONVILLE

Project County Name

SUMNER

Project State

TN

Project Zip

37075-1704

CD

TN-06

Jobs Reported

25

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

148425.00

Mortgage Interest Proceed

49475.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

199428.98

Forgiveness Date

02/11/2021

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