PPP Loan information for Fayette academy

$630,603

Fayette academy was initially approved for PPP Loan of amount $630,603, the current approved amount is $630,603. The loan was approved on 01/31/2021 by The Loan Source Incorporated reported 79 jobs and $630,603 was used to fund payroll.

Fayette academy is Existing or more than 2 years old

PPP Loan Search / TN / Somerville / Fayette academy

FAYETTE ACADEMY

Date Approved

01/31/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

FAYETTE ACADEMY

Borrower Address

15090 US Highway 64

Borrower City

Somerville

Borrower State

TN

Borrower Zip

38068-6907

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

630603.00

Current Approval Amount

630603.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

FAYETTE

Project State

TN

Project Zip

38068-6907

CD

TN-08

Jobs Reported

79

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

630602.00

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

634956.75

Forgiveness Date

10/20/2021

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