PPP Loan information for The norwich free academy

$4,512,860

The norwich free academy was initially approved for PPP Loan of amount $4,512,860, the current approved amount is $4,512,860. The loan was approved on 04/14/2020 by The Chelsea Groton Bank reported 324 jobs and $4,512,860 was used to fund payroll.

The norwich free academy is Existing or more than 2 years old

PPP Loan Search / CT / NORWICH / The norwich free academy

THE NORWICH FREE ACADEMY

Date Approved

04/14/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

THE NORWICH FREE ACADEMY

Borrower Address

305 BROADWAY

Borrower City

NORWICH

Borrower State

CT

Borrower Zip

06360-3547

Loan Status Date

08/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4512860.00

Current Approval Amount

4512860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORWICH

Project County Name

NEW LONDON

Project State

CT

Project Zip

06360-3547

CD

CT-02

Jobs Reported

324

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4512860.00

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

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

4563923.32

Forgiveness Date

06/09/2021

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