Date Approved
04/27/2020
SBA Office Code
0464
Processing Method
PPP
Borrower Name
THE KING'S ACADEMY
Borrower Address
1015 South Ebenezer Road
Borrower City
Florence
Borrower State
SC
Borrower Zip
29501
Loan Status Date
02/19/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
351777.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
188567
Servicing Lender Name
Loan Source Incorporated
Servicing Lender Address
353 East 83rd Street Suite 3H
Servicing Lender City
NEW YORK
Servicing Lender State
NY
Servicing Lender Zip
10028
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
FLORENCE
Project State
Project Zip
29501-0200
CD
SC-07
Jobs Reported
61
NAICS Code
611110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
12000.00
Payroll Proceed
323777.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
16000.00
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
124102
Originating Lender
First Reliance Bank
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Y
Forgiveness Amount
356297.60
Forgiveness Date
08/17/2021