PPP Loan information for Madison academy

$262,692

Madison academy was initially approved for PPP Loan of amount $262,692, the current approved amount is $262,692. The loan was approved on 05/06/2020 by The Pinnacle Bank reported 67 jobs and $262,692 was used to fund payroll.

Madison academy is New Business or 2 years or less

MADISON ACADEMY

Date Approved

05/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MADISON ACADEMY

Borrower Address

100 ACADEMY RD

Borrower City

MADISON

Borrower State

TN

Borrower Zip

37115

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262692.00

Current Approval Amount

262692.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MADISON

Project County Name

DAVIDSON

Project State

TN

Project Zip

37115-0001

CD

TN-05

Jobs Reported

67

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

262692.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

265527.63

Forgiveness Date

06/11/2021

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