PPP Loan information for The academy at penguin hall

$589,645

The academy at penguin hall was initially approved for PPP Loan of amount $589,645, the current approved amount is $589,645. The loan was approved on 02/06/2021 by The Salem Five Cents Savings Bank reported 44 jobs and $589,645 was used to fund payroll.

The academy at penguin hall is Existing or more than 2 years old

THE ACADEMY AT PENGUIN HALL

Date Approved

02/06/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

THE ACADEMY AT PENGUIN HALL

Borrower Address

36 Essex St

Borrower City

Wenham

Borrower State

MA

Borrower Zip

01984-1710

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

589645.00

Current Approval Amount

589645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wenham

Project County Name

ESSEX

Project State

MA

Project Zip

01984-1710

CD

MA-06

Jobs Reported

44

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

589642.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

594968.18

Forgiveness Date

01/03/2022

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