PPP Loan information for Covenant academy

$142,488

Covenant academy was initially approved for PPP Loan of amount $142,488, the current approved amount is $142,488. The loan was approved on 04/01/2021 by The The First National Bank of Middle Tennessee reported 32 jobs and $142,488 was used to fund payroll.

Covenant academy is Existing or more than 2 years old

COVENANT ACADEMY

Date Approved

04/01/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

COVENANT ACADEMY

Borrower Address

1079 Country Club Dr

Borrower City

McMinnville

Borrower State

TN

Borrower Zip

37110-7485

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

142487.77

Current Approval Amount

142487.77

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67227

Servicing Lender Name

The First National Bank of Middle Tennessee

Servicing Lender Address

200 E Main St

Servicing Lender City

MCMINNVILLE

Servicing Lender State

TN

Servicing Lender Zip

37110-2508

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

McMinnville

Project County Name

WARREN

Project State

TN

Project Zip

37110-7485

CD

TN-04

Jobs Reported

32

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

142487.77

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

67227

Originating Lender

The First National Bank of Middle Tennessee

Originating Lender City

MCMINNVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

143398.11

Forgiveness Date

11/19/2021

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