PPP Loan information for Academy of excellence

$681,000

Academy of excellence was initially approved for PPP Loan of amount $681,000, the current approved amount is $681,000. The loan was approved on 04/05/2020 by The Spring Bank reported 143 jobs and $681,000 was used to fund payroll.

Academy of excellence is Existing or more than 2 years old

ACADEMY OF EXCELLENCE

Date Approved

04/05/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ACADEMY OF EXCELLENCE

Borrower Address

633 S 12th St.

Borrower City

MILWAUKEE

Borrower State

WI

Borrower Zip

53204-1210

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

681000.00

Current Approval Amount

681000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

458219

Servicing Lender Name

Spring Bank

Servicing Lender Address

16620 W Bluemound Rd, Ste 100

Servicing Lender City

BROOKFIELD

Servicing Lender State

WI

Servicing Lender Zip

53005-5965

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MILWAUKEE

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53204-1210

CD

WI-04

Jobs Reported

143

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

681000.00

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

458219

Originating Lender

Spring Bank

Originating Lender City

BROOKFIELD

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

685067.08

Forgiveness Date

11/12/2020

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