PPP Loan information for Lausanne collegiate school

$2,176,200

Lausanne collegiate school was initially approved for PPP Loan of amount $2,176,200, the current approved amount is $2,176,200. The loan was approved on 04/08/2020 by The Truist Bank reported 190 jobs and $2,176,200 was used to fund payroll.

Lausanne collegiate school is Existing or more than 2 years old

LAUSANNE COLLEGIATE SCHOOL

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

LAUSANNE COLLEGIATE SCHOOL

Borrower Address

1381 MASSEY RD

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38120-3206

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2176200.00

Current Approval Amount

2176200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38120-3206

CD

TN-08

Jobs Reported

190

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2176200.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2201226.30

Forgiveness Date

06/09/2021

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