PPP Loan information for Best academy

$1,511,800

Best academy was initially approved for PPP Loan of amount $1,511,800, the current approved amount is $1,511,800. The loan was approved on 04/28/2020 by The Sunrise Banks, National Association reported 153 jobs and $1,511,800 was used to fund payroll.

Best academy is Existing or more than 2 years old

BEST ACADEMY

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BEST ACADEMY

Borrower Address

1300 OLSON MEMORIAL HWY

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55411-3968

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1511800.00

Current Approval Amount

1511800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38858

Servicing Lender Name

Sunrise Banks, National Association

Servicing Lender Address

200 University Ave West

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55103-2074

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55411-3968

CD

MN-05

Jobs Reported

153

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1511800.00

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

38858

Originating Lender

Sunrise Banks, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1531101.34

Forgiveness Date

08/17/2021

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