PPP Loan information for The american virtual academy, inc.

$2,185,700

The american virtual academy, inc. was initially approved for PPP Loan of amount $2,185,700, the current approved amount is $2,185,700. The loan was approved on 04/11/2020 by The Western Alliance Bank reported 217 jobs and $2,185,700 was used to fund payroll.

The american virtual academy, inc. is Existing or more than 2 years old

THE AMERICAN VIRTUAL ACADEMY, INC.

Date Approved

04/11/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

THE AMERICAN VIRTUAL ACADEMY, INC.

Borrower Address

2471 N ARIZONA AVE

Borrower City

CHANDLER

Borrower State

AZ

Borrower Zip

85225-1373

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2185700.00

Current Approval Amount

2185700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317920

Servicing Lender Name

Western Alliance Bank

Servicing Lender Address

1 E Washington St

Servicing Lender City

PHOENIX

Servicing Lender State

AZ

Servicing Lender Zip

85004-2492

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHANDLER

Project County Name

MARICOPA

Project State

AZ

Project Zip

85225-1373

CD

AZ-04

Jobs Reported

217

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

200000.00

Payroll Proceed

1860700.00

Mortgage Interest Proceed

125000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

317920

Originating Lender

Western Alliance Bank

Originating Lender City

PHOENIX

Originating Lender State

AZ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2213446.25

Forgiveness Date

07/22/2021

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