PPP Loan information for The new city school inc

$855,500

The new city school inc was initially approved for PPP Loan of amount $855,500, the current approved amount is $855,500. The loan was approved on 04/08/2020 by The Commerce Bank reported 58 jobs and $855,500 was used to fund payroll.

The new city school inc is Existing or more than 2 years old

PPP Loan Search / MO / SAINT LOUIS / The new city school inc

THE NEW CITY SCHOOL INC

Date Approved

04/08/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

THE NEW CITY SCHOOL INC

Borrower Address

5209 WATERMAN BLVD

Borrower City

SAINT LOUIS

Borrower State

MO

Borrower Zip

63108-1155

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

855500.00

Current Approval Amount

855500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT LOUIS

Project County Name

SAINT LOUIS CITY

Project State

MO

Project Zip

63108-1155

CD

MO-01

Jobs Reported

58

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

855500.00

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

861274.62

Forgiveness Date

12/15/2020

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