PPP Loan information for Academy youth service organization

$395,224

Academy youth service organization was initially approved for PPP Loan of amount $395,224, the current approved amount is $395,224. The loan was approved on 02/07/2021 by The Farmers & Merchants Bank of Long Beach reported 75 jobs and $395,224 was used to fund payroll.

Academy youth service organization is Existing or more than 2 years old

ACADEMY YOUTH SERVICE ORGANIZATION

Date Approved

02/07/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

ACADEMY YOUTH SERVICE ORGANIZATION

Borrower Address

14401 Willow Ln

Borrower City

Huntington Beach

Borrower State

CA

Borrower Zip

92647-2254

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

395223.70

Current Approval Amount

395223.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Huntington Beach

Project County Name

ORANGE

Project State

CA

Project Zip

92647-2254

CD

CA-47

Jobs Reported

75

NAICS Code

611110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

395218.70

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

Corporation

Originating Lender Location Id

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

400388.68

Forgiveness Date

06/03/2022

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