PPP Loan information for National academy foundation

$2,000,000

National academy foundation was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/23/2021 by The Live Oak Banking Company reported 74 jobs and $2,000,000 was used to fund payroll.

National academy foundation is Existing or more than 2 years old

PPP Loan Search / NY / New York / National academy foundation

NATIONAL ACADEMY FOUNDATION

Date Approved

03/23/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

NATIONAL ACADEMY FOUNDATION

Borrower Address

218 W 40th St Fl 5

Borrower City

New York

Borrower State

NY

Borrower Zip

10018-1592

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New York

Project County Name

NEW YORK

Project State

NY

Project Zip

10018-1592

CD

NY-12

Jobs Reported

74

NAICS Code

813211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1900354.87

Forgiveness Date

03/01/2022

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