PPP Loan information for Morgantown learning academy

$99,684

Morgantown learning academy was initially approved for PPP Loan of amount $99,684, the current approved amount is $99,684. The loan was approved on 03/16/2021 by The First Exchange Bank reported 19 jobs and $99,684 was used to fund payroll.

Morgantown learning academy is Existing or more than 2 years old

MORGANTOWN LEARNING ACADEMY

Date Approved

03/16/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

MORGANTOWN LEARNING ACADEMY

Borrower Address

123 Discovery Pl

Borrower City

Morgantown

Borrower State

WV

Borrower Zip

26508-9006

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

99683.65

Current Approval Amount

99683.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75183

Servicing Lender Name

First Exchange Bank

Servicing Lender Address

1 Heritage Way

Servicing Lender City

WHITE HALL

Servicing Lender State

WV

Servicing Lender Zip

26554-4191

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morgantown

Project County Name

MONONGALIA

Project State

WV

Project Zip

26508-9006

CD

WV-02

Jobs Reported

19

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

99681.65

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

75183

Originating Lender

First Exchange Bank

Originating Lender City

WHITE HALL

Originating Lender State

WV

Gender

Female Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

100168.22

Forgiveness Date

09/14/2021

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