PPP Loan information for Hammond urban academy inc

$500,000

Hammond urban academy inc was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 02/04/2021 by The Old National Bank reported 62 jobs and $500,000 was used to fund payroll.

Hammond urban academy inc is Existing or more than 2 years old

HAMMOND URBAN ACADEMY INC

Date Approved

02/04/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

HAMMOND URBAN ACADEMY INC

Borrower Address

33 Muenich Ct

Borrower City

Hammond

Borrower State

IN

Borrower Zip

46320-1706

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hammond

Project County Name

LAKE

Project State

IN

Project Zip

46320-1706

CD

IN-01

Jobs Reported

62

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

499998.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

506726.03

Forgiveness Date

06/13/2022

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