PPP Loan information for Majestic academy

$22,700

Majestic academy was initially approved for PPP Loan of amount $35,000, the current approved amount is $22,700. The loan was approved on 04/14/2020 by The Customers Bank reported 15 jobs and $22,700 was used to fund payroll.

Majestic academy is Existing or more than 2 years old

MAJESTIC ACADEMY

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MAJESTIC ACADEMY

Borrower Address

P.O. Box 484

Borrower City

Winnsboro,

Borrower State

SC

Borrower Zip

29180

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

22700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Winnsboro,

Project County Name

FAIRFIELD

Project State

SC

Project Zip

29180-0001

CD

SC-05

Jobs Reported

15

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22700.00

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

Corporation

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22919.54

Forgiveness Date

05/17/2021

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