PPP Loan information for Empowerment academy charter school inc

$899,258

Empowerment academy charter school inc was initially approved for PPP Loan of amount $899,258, the current approved amount is $899,258. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 83 jobs and $899,258 was used to fund payroll.

Empowerment academy charter school inc is New Business or 2 years or less

EMPOWERMENT ACADEMY CHARTER SCHOOL INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

EMPOWERMENT ACADEMY CHARTER SCHOOL INC

Borrower Address

240 EGE AVE

Borrower City

JERSEY CITY

Borrower State

NJ

Borrower Zip

07304-1413

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

899258.00

Current Approval Amount

899258.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

JERSEY CITY

Project County Name

HUDSON

Project State

NJ

Project Zip

07304-1413

CD

NJ-10

Jobs Reported

83

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

899258.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

907683.92

Forgiveness Date

04/15/2021

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