PPP Loan information for Arabic language learning program

$40,000

Arabic language learning program was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 06/18/2020 by The Liberty Bank reported 4 jobs and $40,000 was used to fund payroll.

Arabic language learning program is Existing or more than 2 years old

ARABIC LANGUAGE LEARNING PROGRAM

Date Approved

06/18/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ARABIC LANGUAGE LEARNING PROGRAM

Borrower Address

129 Church Street, Suite 410

Borrower City

New Haven

Borrower State

CT

Borrower Zip

06510-2001

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Haven

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06510-2001

CD

CT-03

Jobs Reported

4

NAICS Code

923110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

Corporation

Originating Lender Location Id

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40355.56

Forgiveness Date

05/13/2021

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