PPP Loan information for Mcrae learning center inc.

$27,451

Mcrae learning center inc. was initially approved for PPP Loan of amount $27,451, the current approved amount is $27,451. The loan was approved on 04/27/2020 by The Marion Bank and Trust Company reported 12 jobs and $27,451 was used to fund payroll.

Mcrae learning center inc. is Existing or more than 2 years old

MCRAE LEARNING CENTER INC.

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MCRAE LEARNING CENTER INC.

Borrower Address

PO BOX 1266

Borrower City

SELMA

Borrower State

AL

Borrower Zip

36702-1266

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27450.95

Current Approval Amount

27450.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2087

Servicing Lender Name

Marion Bank and Trust Company

Servicing Lender Address

601 Washington St

Servicing Lender City

MARION

Servicing Lender State

AL

Servicing Lender Zip

36756-2527

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SELMA

Project County Name

DALLAS

Project State

AL

Project Zip

36702-1266

CD

AL-07

Jobs Reported

12

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

21450.95

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

2087

Originating Lender

Marion Bank and Trust Company

Originating Lender City

MARION

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

27703.35

Forgiveness Date

03/25/2021

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