PPP Loan information for New summit academy

$337,972

New summit academy was initially approved for PPP Loan of amount $337,972, the current approved amount is $337,972. The loan was approved on 05/11/2020 by The U.S. Bank, National Association reported 64 jobs and $337,972 was used to fund payroll.

New summit academy is New Business or 2 years or less

NEW SUMMIT ACADEMY

Date Approved

05/11/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

NEW SUMMIT ACADEMY

Borrower Address

7899 LEXINGTON DR

Borrower City

COLORADO SPGS

Borrower State

CO

Borrower Zip

80920

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

337972.00

Current Approval Amount

337972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

COLORADO SPGS

Project County Name

EL PASO

Project State

CO

Project Zip

80920-0001

CD

CO-05

Jobs Reported

64

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

337972.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

341107.63

Forgiveness Date

04/28/2021

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