PPP Loan information for Western branch academy

$88,500

Western branch academy was initially approved for PPP Loan of amount $88,500, the current approved amount is $88,500. The loan was approved on 02/23/2021 by The Readycap Lending, LLC reported 26 jobs and $88,500 was used to fund payroll.

Western branch academy is Existing or more than 2 years old

WESTERN BRANCH ACADEMY

Date Approved

02/23/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

WESTERN BRANCH ACADEMY

Borrower Address

4225 Portsmouth Blvd # 101

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23321-2154

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88500.00

Current Approval Amount

88500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesapeake

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23321-2154

CD

VA-03

Jobs Reported

26

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

88497.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88790.96

Forgiveness Date

07/06/2021

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