PPP Loan information for Riverside military academy

$1,537,607

Riverside military academy was initially approved for PPP Loan of amount $1,537,607, the current approved amount is $1,537,607. The loan was approved on 02/20/2021 by The Regions Bank reported 125 jobs and $1,537,607 was used to fund payroll.

Riverside military academy is Existing or more than 2 years old

RIVERSIDE MILITARY ACADEMY

Date Approved

02/20/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

RIVERSIDE MILITARY ACADEMY

Borrower Address

2001 Riverside Dr

Borrower City

Gainesville

Borrower State

GA

Borrower Zip

30501-1227

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1537607.00

Current Approval Amount

1537607.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gainesville

Project County Name

HALL

Project State

GA

Project Zip

30501-1227

CD

GA-09

Jobs Reported

125

NAICS Code

611110

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1537606.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

1554752.37

Forgiveness Date

04/06/2022

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