PPP Loan information for Chambers academy educational foundation inc.

$158,860

Chambers academy educational foundation inc. was initially approved for PPP Loan of amount $158,860, the current approved amount is $158,860. The loan was approved on 02/03/2021 by The Farmers and Merchants Bank reported 38 jobs and $158,860 was used to fund payroll.

Chambers academy educational foundation inc. is Existing or more than 2 years old

CHAMBERS ACADEMY EDUCATIONAL FOUNDATION INC.

Date Approved

02/03/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

CHAMBERS ACADEMY EDUCATIONAL FOUNDATION INC.

Borrower Address

15048 US Highway 431

Borrower City

Lafayette

Borrower State

AL

Borrower Zip

36862-5432

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

158860.37

Current Approval Amount

158860.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2074

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

2 First St North E

Servicing Lender City

LAFAYETTE

Servicing Lender State

AL

Servicing Lender Zip

36862

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lafayette

Project County Name

CHAMBERS

Project State

AL

Project Zip

36862-5432

CD

AL-03

Jobs Reported

38

NAICS Code

611110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

158858.37

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

2074

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAFAYETTE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

159725.28

Forgiveness Date

08/20/2021

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