PPP Loan information for Laureate academy inc

$374,700

Laureate academy inc was initially approved for PPP Loan of amount $374,700, the current approved amount is $374,700. The loan was approved on 05/18/2020 by The Gulf Coast Bank and Trust Company reported 39 jobs and $374,700 was used to fund payroll.

Laureate academy inc is Existing or more than 2 years old

LAUREATE ACADEMY INC

Date Approved

05/18/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

LAUREATE ACADEMY INC

Borrower Address

2115 Oakmere Drive

Borrower City

HARVEY

Borrower State

LA

Borrower Zip

70058

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

374700.00

Current Approval Amount

374700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116770

Servicing Lender Name

Gulf Coast Bank and Trust Company

Servicing Lender Address

200 St. Charles Ave

Servicing Lender City

NEW ORLEANS

Servicing Lender State

LA

Servicing Lender Zip

70130-2903

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARVEY

Project County Name

JEFFERSON

Project State

LA

Project Zip

70058-1100

CD

LA-02

Jobs Reported

39

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

93675.00

Payroll Proceed

281025.00

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

116770

Originating Lender

Gulf Coast Bank and Trust Company

Originating Lender City

NEW ORLEANS

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

378436.59

Forgiveness Date

05/17/2021

;