PPP Loan information for Tuscaloosa academy

$642,500

Tuscaloosa academy was initially approved for PPP Loan of amount $642,500, the current approved amount is $642,500. The loan was approved on 04/08/2020 by The SmartBank reported 87 jobs and $642,500 was used to fund payroll.

Tuscaloosa academy is Existing or more than 2 years old

TUSCALOOSA ACADEMY

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TUSCALOOSA ACADEMY

Borrower Address

420 RICE VALLEY RD

Borrower City

TUSCALOOSA

Borrower State

AL

Borrower Zip

35406-2722

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

642500.00

Current Approval Amount

642500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445288

Servicing Lender Name

SmartBank

Servicing Lender Address

2430 Teaster Ln, Ste 205

Servicing Lender City

PIGEON FORGE

Servicing Lender State

TN

Servicing Lender Zip

37863-5274

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TUSCALOOSA

Project County Name

TUSCALOOSA

Project State

AL

Project Zip

35406-2722

CD

AL-04

Jobs Reported

87

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

642500.00

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

445288

Originating Lender

SmartBank

Originating Lender City

PIGEON FORGE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

646854.72

Forgiveness Date

12/17/2020

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