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

$498,800

American council on teaching foreign languages, inc. was initially approved for PPP Loan of amount $498,800, the current approved amount is $498,800. The loan was approved on 04/28/2020 by The Live Oak Banking Company reported 30 jobs and $498,800 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

04/28/2020

SBA Office Code

0353

Processing Method

PPP

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

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

498800.00

Current Approval Amount

498800.00

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

22314-0001

CD

VA-08

Jobs Reported

30

NAICS Code

813920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

498800.00

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

502243.77

Forgiveness Date

01/11/2021

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