PPP Loan information for The trustees of lawrence academy at groton

$1,875,000

The trustees of lawrence academy at groton was initially approved for PPP Loan of amount $2,186,500, the current approved amount is $1,875,000. The loan was approved on 04/10/2020 by The First-Citizens Bank & Trust Company reported 157 jobs and $1,875,000 was used to fund payroll.

The trustees of lawrence academy at groton is Existing or more than 2 years old

THE TRUSTEES OF LAWRENCE ACADEMY AT GROTON

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE TRUSTEES OF LAWRENCE ACADEMY AT GROTON

Borrower Address

26 Powderhouse Road

Borrower City

GROTON

Borrower State

MA

Borrower Zip

01450-4700

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2186500.00

Current Approval Amount

1875000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GROTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01450-4700

CD

MA-03

Jobs Reported

157

NAICS Code

923110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1875000.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1889794.52

Forgiveness Date

02/09/2021

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