PPP Loan information for Inspiring minds

$123,790

Inspiring minds was initially approved for PPP Loan of amount $123,790, the current approved amount is $123,790. The loan was approved on 01/21/2021 by The The Farmers National Bank of Canfield reported 25 jobs and $123,790 was used to fund payroll.

Inspiring minds is Existing or more than 2 years old

INSPIRING MINDS

Date Approved

01/21/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

INSPIRING MINDS

Borrower Address

837 Woodland St NE

Borrower City

Warren

Borrower State

OH

Borrower Zip

44483-5112

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

123789.58

Current Approval Amount

123789.58

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53390

Servicing Lender Name

The Farmers National Bank of Canfield

Servicing Lender Address

20 S Broad St

Servicing Lender City

Canfield

Servicing Lender State

OH

Servicing Lender Zip

44406-1401

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

TRUMBULL

Project State

OH

Project Zip

44483-5112

CD

OH-14

Jobs Reported

25

NAICS Code

611710

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

123789.58

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

Corporation

Originating Lender Location Id

53390

Originating Lender

The Farmers National Bank of Canfield

Originating Lender City

Canfield

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

124889.93

Forgiveness Date

12/14/2021

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