PPP Loan information for Al-falah academy

$345,300

Al-falah academy was initially approved for PPP Loan of amount $345,300, the current approved amount is $345,300. The loan was approved on 02/03/2021 by The University Bank reported 94 jobs and $345,300 was used to fund payroll.

Al-falah academy is Existing or more than 2 years old

PPP Loan Search / GA / Norcross / Al-falah academy

AL-FALAH ACADEMY

Date Approved

02/03/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

AL-FALAH ACADEMY

Borrower Address

1835 Shackleford Ct

Borrower City

Norcross

Borrower State

GA

Borrower Zip

30093-2949

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

345300.00

Current Approval Amount

345300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36179

Servicing Lender Name

University Bank

Servicing Lender Address

2015 Washtenaw Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-3656

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norcross

Project County Name

GWINNETT

Project State

GA

Project Zip

30093-2949

CD

GA-07

Jobs Reported

94

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

345295.00

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

36179

Originating Lender

University Bank

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

349290.13

Forgiveness Date

04/04/2022

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