PPP Loan information for Ignite entrepreneurship academy

$353,371

Ignite entrepreneurship academy was initially approved for PPP Loan of amount $353,371, the current approved amount is $353,371. The loan was approved on 05/01/2020 by The Cross River Bank reported 58 jobs and $353,371 was used to fund payroll.

Ignite entrepreneurship academy is Existing or more than 2 years old

IGNITE ENTREPRENEURSHIP ACADEMY

Date Approved

05/01/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

IGNITE ENTREPRENEURSHIP ACADEMY

Borrower Address

1650 W Traverse Terrace Dr

Borrower City

Lehi

Borrower State

UT

Borrower Zip

84043

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

353371.00

Current Approval Amount

353371.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lehi

Project County Name

UTAH

Project State

UT

Project Zip

84043-0035

CD

UT-03

Jobs Reported

58

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

353371.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

358027.75

Forgiveness Date

09/01/2021

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