PPP Loan information for U3 academy childcare center

$86,993

U3 academy childcare center was initially approved for PPP Loan of amount $29,122, the current approved amount is $86,993. The loan was approved on 05/11/2020 by The Bank of America, National Association reported 6 jobs and $86,993 was used to fund payroll.

U3 academy childcare center is New Business or 2 years or less

U3 ACADEMY CHILDCARE CENTER

Date Approved

05/11/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

U3 ACADEMY CHILDCARE CENTER

Borrower Address

128 N 7TH ST

Borrower City

SIERRA VISTA

Borrower State

AZ

Borrower Zip

85635-1923

Loan Status Date

09/24/2021

Loan Status

Charged Off

Term

3

SBA Guaranty Percentage

100

Initial Approval Amount

29122.00

Current Approval Amount

86993.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SIERRA VISTA

Project County Name

COCHISE

Project State

AZ

Project Zip

85635-1923

CD

AZ-06

Jobs Reported

6

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86993.00

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

Sole Proprietorship

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23884.64

Forgiveness Date

05/27/2021

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