PPP Loan information for New roads school

$2,565,900

New roads school was initially approved for PPP Loan of amount $2,565,900, the current approved amount is $2,565,900. The loan was approved on 04/14/2020 by The Umpqua Bank reported 161 jobs and $2,565,900 was used to fund payroll.

New roads school is Existing or more than 2 years old

NEW ROADS SCHOOL

Date Approved

04/14/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

NEW ROADS SCHOOL

Borrower Address

3131 Olympic Blvd

Borrower City

SANTA MONICA

Borrower State

CA

Borrower Zip

90404-5002

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2565900.00

Current Approval Amount

2565900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANTA MONICA

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90404-5002

CD

CA-36

Jobs Reported

161

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2565900.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2594933.33

Forgiveness Date

06/09/2021

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