PPP Loan information for Founders academy

$329,100

Founders academy was initially approved for PPP Loan of amount $329,100, the current approved amount is $329,100. The loan was approved on 04/10/2020 by The Merrimack County Savings Bank reported 47 jobs and $329,100 was used to fund payroll.

Founders academy is Existing or more than 2 years old

FOUNDERS ACADEMY

Date Approved

04/10/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

FOUNDERS ACADEMY

Borrower Address

5 PERIMETER ROAD

Borrower City

MANCHESTER

Borrower State

NH

Borrower Zip

03103-3305

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

329100.00

Current Approval Amount

329100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42989

Servicing Lender Name

Merrimack County Savings Bank

Servicing Lender Address

89 N Main St

Servicing Lender City

CONCORD

Servicing Lender State

NH

Servicing Lender Zip

03301-4935

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANCHESTER

Project County Name

HILLSBOROUGH

Project State

NH

Project Zip

03103-3305

CD

NH-01

Jobs Reported

47

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

329100.00

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

42989

Originating Lender

Merrimack County Savings Bank

Originating Lender City

CONCORD

Originating Lender State

NH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

333445.92

Forgiveness Date

08/17/2021

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