PPP Loan information for New century academy

$231,567

New century academy was initially approved for PPP Loan of amount $231,567, the current approved amount is $231,567. The loan was approved on 06/30/2020 by The Citizens Bank & Trust Co reported 36 jobs and $231,567 was used to fund payroll.

New century academy is Existing or more than 2 years old

PPP Loan Search / MN / HUTCHINSON / New century academy

NEW CENTURY ACADEMY

Date Approved

06/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEW CENTURY ACADEMY

Borrower Address

950 SCHOOL RD SW

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-2158

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

231567.00

Current Approval Amount

231567.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38252

Servicing Lender Name

Citizens Bank & Trust Co

Servicing Lender Address

102 Main St S

Servicing Lender City

HUTCHINSON

Servicing Lender State

MN

Servicing Lender Zip

55350-2575

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-2158

CD

MN-07

Jobs Reported

36

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

231567.00

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

38252

Originating Lender

Citizens Bank & Trust Co

Originating Lender City

HUTCHINSON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

232753.38

Forgiveness Date

01/14/2021

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