PPP Loan information for Austin preparatory school

$1,928,720

Austin preparatory school was initially approved for PPP Loan of amount $1,958,000, the current approved amount is $1,928,720. The loan was approved on 04/07/2020 by The Salem Five Cents Savings Bank reported 111 jobs and $1,928,720 was used to fund payroll.

Austin preparatory school is Existing or more than 2 years old

PPP Loan Search / MA / READING / Austin preparatory school

AUSTIN PREPARATORY SCHOOL

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AUSTIN PREPARATORY SCHOOL

Borrower Address

101 WILLOW ST

Borrower City

READING

Borrower State

MA

Borrower Zip

01867-1551

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1958000.00

Current Approval Amount

1928720.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

READING

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01867-1551

CD

MA-06

Jobs Reported

111

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1928720.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1947310.72

Forgiveness Date

03/31/2021

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