PPP Loan information for Life way christian school

$300,000

Life way christian school was initially approved for PPP Loan of amount $412,500, the current approved amount is $300,000. The loan was approved on 04/10/2020 by The Generations Bank reported 67 jobs and $300,000 was used to fund payroll.

Life way christian school is Existing or more than 2 years old

LIFE WAY CHRISTIAN SCHOOL

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

LIFE WAY CHRISTIAN SCHOOL

Borrower Address

351 W. CENTERTON BLVD

Borrower City

CENTERTON

Borrower State

AR

Borrower Zip

72719-9218

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

412500.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4367

Servicing Lender Name

Generations Bank

Servicing Lender Address

3710 Southern Hills Blvd, Ste 100

Servicing Lender City

ROGERS

Servicing Lender State

AR

Servicing Lender Zip

72758-8093

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CENTERTON

Project County Name

BENTON

Project State

AR

Project Zip

72719-9218

CD

AR-03

Jobs Reported

67

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

75000.00

Payroll Proceed

225000.00

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

4367

Originating Lender

Generations Bank

Originating Lender City

ROGERS

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

301633.33

Forgiveness Date

11/03/2020

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