PPP Loan information for Friends of king school

$2,012,437

Friends of king school was initially approved for PPP Loan of amount $2,012,437, the current approved amount is $2,012,437. The loan was approved on 04/10/2020 by The Liberty Bank and Trust Company reported 203 jobs and $2,012,437 was used to fund payroll.

Friends of king school is Existing or more than 2 years old

FRIENDS OF KING SCHOOL

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

FRIENDS OF KING SCHOOL

Borrower Address

1617 CAFFIN AVE

Borrower City

NEW ORLEANS

Borrower State

LA

Borrower Zip

70117-2909

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2012437.00

Current Approval Amount

2012437.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29037

Servicing Lender Name

Liberty Bank and Trust Company

Servicing Lender Address

6600 Plaza Dr, Ste 600

Servicing Lender City

NEW ORLEANS

Servicing Lender State

LA

Servicing Lender Zip

70127-2601

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

70117-2909

CD

LA-02

Jobs Reported

203

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1745143.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

267294.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

29037

Originating Lender

Liberty Bank and Trust Company

Originating Lender City

NEW ORLEANS

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2038486.88

Forgiveness Date

07/27/2021

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