PPP Loan information for Faith academy of mobile inc

$1,112,500

Faith academy of mobile inc was initially approved for PPP Loan of amount $1,112,500, the current approved amount is $1,112,500. The loan was approved on 04/08/2020 by The The First Bank reported 132 jobs and $1,112,500 was used to fund payroll.

Faith academy of mobile inc is Existing or more than 2 years old

PPP Loan Search / AL / MOBILE / Faith academy of mobile inc

FAITH ACADEMY OF MOBILE INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FAITH ACADEMY OF MOBILE INC

Borrower Address

8650 TANNER WILLIAMS RD

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36608-8318

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1112500.00

Current Approval Amount

1112500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36608-8318

CD

AL-01

Jobs Reported

132

NAICS Code

611310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1112500.00

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

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1122574.31

Forgiveness Date

03/10/2021

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