PPP Loan information for Encore learning, inc.

$913,455

Encore learning, inc. was initially approved for PPP Loan of amount $913,455, the current approved amount is $913,455. The loan was approved on 04/08/2020 by The Hope Enterprise Corporation reported 95 jobs and $913,455 was used to fund payroll.

Encore learning, inc. is Existing or more than 2 years old

ENCORE LEARNING, INC.

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ENCORE LEARNING, INC.

Borrower Address

2518 Arts Street

Borrower City

New Orleans

Borrower State

LA

Borrower Zip

70117-7507

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

913455.00

Current Approval Amount

913455.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

487365

Servicing Lender Name

Hope Enterprise Corporation

Servicing Lender Address

4 Old River Place

Servicing Lender City

Jackson

Servicing Lender State

MS

Servicing Lender Zip

39202

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Orleans

Project County Name

ORLEANS

Project State

LA

Project Zip

70117-7507

CD

LA-02

Jobs Reported

95

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12200.00

Payroll Proceed

789175.00

Mortgage Interest Proceed

0.00

Rent Proceed

112080.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

119946

Originating Lender

Hope FCU

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

924061.23

Forgiveness Date

06/03/2021

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