PPP Loan information for New vision learning academy

$426,362

New vision learning academy was initially approved for PPP Loan of amount $426,362, the current approved amount is $426,362. The loan was approved on 04/30/2020 by The First Horizon Bank reported 35 jobs and $426,362 was used to fund payroll.

New vision learning academy is Existing or more than 2 years old

NEW VISION LEARNING ACADEMY

Date Approved

04/30/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

NEW VISION LEARNING ACADEMY

Borrower Address

507 SWAYZE ST

Borrower City

MONROE

Borrower State

LA

Borrower Zip

71201

Loan Status Date

10/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

426362.00

Current Approval Amount

426362.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONROE

Project County Name

OUACHITA

Project State

LA

Project Zip

71201-1000

CD

LA-05

Jobs Reported

35

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

426362.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

432236.32

Forgiveness Date

09/20/2021

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