PPP Loan information for Future school

$162,500

Future school was initially approved for PPP Loan of amount $162,500, the current approved amount is $162,500. The loan was approved on 05/26/2020 by The The First National Bank of Fort Smith reported 30 jobs and $162,500 was used to fund payroll.

Future school is Existing or more than 2 years old

FUTURE SCHOOL

Date Approved

05/26/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

FUTURE SCHOOL

Borrower Address

622 N 7th Street

Borrower City

FORT SMITH

Borrower State

AR

Borrower Zip

72901

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162500.00

Current Approval Amount

162500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4322

Servicing Lender Name

The First National Bank of Fort Smith

Servicing Lender Address

602 Garrison Ave

Servicing Lender City

FORT SMITH

Servicing Lender State

AR

Servicing Lender Zip

72901-2519

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT SMITH

Project County Name

SEBASTIAN

Project State

AR

Project Zip

72901-2018

CD

AR-03

Jobs Reported

30

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

162500.00

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

4322

Originating Lender

The First National Bank of Fort Smith

Originating Lender City

FORT SMITH

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

163902.40

Forgiveness Date

04/15/2021

;