PPP Loan information for Bright school

$615,818

Bright school was initially approved for PPP Loan of amount $615,818, the current approved amount is $615,818. The loan was approved on 04/13/2020 by The Pinnacle Bank reported 78 jobs and $615,818 was used to fund payroll.

Bright school is Existing or more than 2 years old

PPP Loan Search / TN / CHATTANOOGA / Bright school

BRIGHT SCHOOL

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BRIGHT SCHOOL

Borrower Address

1950 MCDADE LN

Borrower City

CHATTANOOGA

Borrower State

TN

Borrower Zip

37405-1500

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

615817.50

Current Approval Amount

615817.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHATTANOOGA

Project County Name

HAMILTON

Project State

TN

Project Zip

37405-1500

CD

TN-03

Jobs Reported

78

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

615817.50

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

622178.14

Forgiveness Date

05/04/2021

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