PPP Loan information for Silverdale baptist academy

$1,332,500

Silverdale baptist academy was initially approved for PPP Loan of amount $1,096,200, the current approved amount is $1,332,500. The loan was approved on 04/09/2020 by The Truist Bank reported 172 jobs and $1,332,500 was used to fund payroll.

Silverdale baptist academy is Existing or more than 2 years old

SILVERDALE BAPTIST ACADEMY

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SILVERDALE BAPTIST ACADEMY

Borrower Address

7236 Bonny Oaks Drive

Borrower City

CHATTANOOGA

Borrower State

TN

Borrower Zip

37421-1005

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1096200.00

Current Approval Amount

1332500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHATTANOOGA

Project County Name

HAMILTON

Project State

TN

Project Zip

37421-1005

CD

TN-03

Jobs Reported

172

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1332500.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1340346.94

Forgiveness Date

11/20/2020

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