PPP Loan information for The learning tree, inc.

$3,127,100

The learning tree, inc. was initially approved for PPP Loan of amount $3,127,100, the current approved amount is $3,127,100. The loan was approved on 04/07/2020 by The ServisFirst Bank reported 499 jobs and $3,127,100 was used to fund payroll.

The learning tree, inc. is Existing or more than 2 years old

PPP Loan Search / AL / MOBILE / The learning tree, inc.

THE LEARNING TREE, INC.

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THE LEARNING TREE, INC.

Borrower Address

5451 ABLE CT

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36693-3100

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3127100.00

Current Approval Amount

3127100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36693-3100

CD

AL-01

Jobs Reported

499

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

154400.00

Payroll Proceed

2890000.00

Mortgage Interest Proceed

3100.00

Rent Proceed

61400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

18200

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3163756.56

Forgiveness Date

06/11/2021

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