PPP Loan information for Covenant academy

$137,652

Covenant academy was initially approved for PPP Loan of amount $137,652, the current approved amount is $137,652. The loan was approved on 04/27/2020 by The The First National Bank of Middle Tennessee reported 40 jobs and $137,652 was used to fund payroll.

Covenant academy is Existing or more than 2 years old

COVENANT ACADEMY

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

COVENANT ACADEMY

Borrower Address

1079 Country Club Drive

Borrower City

McMinnville

Borrower State

TN

Borrower Zip

37110

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137652.35

Current Approval Amount

137652.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67227

Servicing Lender Name

The First National Bank of Middle Tennessee

Servicing Lender Address

200 E Main St

Servicing Lender City

MCMINNVILLE

Servicing Lender State

TN

Servicing Lender Zip

37110-2508

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

McMinnville

Project County Name

WARREN

Project State

TN

Project Zip

37110-0001

CD

TN-04

Jobs Reported

40

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

137652.35

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

67227

Originating Lender

The First National Bank of Middle Tennessee

Originating Lender City

MCMINNVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

138719.16

Forgiveness Date

02/03/2021

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