PPP Loan information for Ace learning center

$73,242

Ace learning center was initially approved for PPP Loan of amount $73,242, the current approved amount is $73,242. The loan was approved on 01/21/2021 by The First Bank of the Lake reported 17 jobs and $73,242 was used to fund payroll.

Ace learning center is Existing or more than 2 years old

ACE LEARNING CENTER

Date Approved

01/21/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

ACE LEARNING CENTER

Borrower Address

9 Milestone Manor Ct

Borrower City

Germantown

Borrower State

MD

Borrower Zip

20876-5906

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

73241.70

Current Approval Amount

73241.70

Undisbursed Amount

0.00

Franchise Name

Kumon

Servicing Lender Location Id

110352

Servicing Lender Name

First Bank of the Lake

Servicing Lender Address

4558 Osage Beach Pkwy, Ste 100

Servicing Lender City

OSAGE BEACH

Servicing Lender State

MO

Servicing Lender Zip

65065-2372

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Germantown

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20876-5906

CD

MD-06

Jobs Reported

17

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

73238.70

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

Subchapter S Corporation

Originating Lender Location Id

110352

Originating Lender

First Bank of the Lake

Originating Lender City

OSAGE BEACH

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

73847.98

Forgiveness Date

12/09/2021

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