PPP Loan information for American council on teaching foreign languages inc.

$466,658

American council on teaching foreign languages inc. was initially approved for PPP Loan of amount $466,658, the current approved amount is $466,658. The loan was approved on 02/04/2021 by The Live Oak Banking Company reported 32 jobs and $466,658 was used to fund payroll.

American council on teaching foreign languages inc. is Existing or more than 2 years old

PPP Loan Search / VA / Alexandria / American council on teaching foreign languages inc.

AMERICAN COUNCIL ON TEACHING FOREIGN LANGUAGES INC.

Date Approved

02/04/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

AMERICAN COUNCIL ON TEACHING FOREIGN LANGUAGES INC.

Borrower Address

1001 N Fairfax St Ste 200

Borrower City

Alexandria

Borrower State

VA

Borrower Zip

22314-1587

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

466658.00

Current Approval Amount

466658.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alexandria

Project County Name

ALEXANDRIA CITY

Project State

VA

Project Zip

22314-1587

CD

VA-08

Jobs Reported

32

NAICS Code

611630

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

466658.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

469253.39

Forgiveness Date

09/07/2021

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