PPP Loan information for Al-falah academy inc.

$344,000

Al-falah academy inc. was initially approved for PPP Loan of amount $344,000, the current approved amount is $344,000. The loan was approved on 04/30/2020 by The University Bank reported 94 jobs and $344,000 was used to fund payroll.

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

AL-FALAH ACADEMY INC.

Date Approved

04/30/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

AL-FALAH ACADEMY INC.

Borrower Address

4805 PO BOX

Borrower City

LILBURN

Borrower State

GA

Borrower Zip

30048-3859

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

344000.00

Current Approval Amount

344000.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LILBURN

Project County Name

GWINNETT

Project State

GA

Project Zip

30048-3859

CD

GA-07

Jobs Reported

94

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

344000.00

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

346799.78

Forgiveness Date

03/02/2021

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