PPP Loan information for Excel academy inc

$39,300

Excel academy inc was initially approved for PPP Loan of amount $39,300, the current approved amount is $39,300. The loan was approved on 04/21/2021 by The Citizens Bank, National Association reported 8 jobs and $39,300 was used to fund payroll.

Excel academy inc is Existing or more than 2 years old

EXCEL ACADEMY INC

Date Approved

04/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

EXCEL ACADEMY INC

Borrower Address

1105 Blue Hill Ave

Borrower City

Dorchester

Borrower State

MA

Borrower Zip

02124-3122

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39300.00

Current Approval Amount

39300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dorchester

Project County Name

SUFFOLK

Project State

MA

Project Zip

02124-3122

CD

MA-07

Jobs Reported

8

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39297.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

39630.55

Forgiveness Date

02/25/2022

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