PPP Loan information for Sparta academy

$110,185

Sparta academy was initially approved for PPP Loan of amount $110,185, the current approved amount is $110,185. The loan was approved on 04/09/2020 by The Bank of Evergreen reported 27 jobs and $110,185 was used to fund payroll.

Sparta academy is Existing or more than 2 years old

SPARTA ACADEMY

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SPARTA ACADEMY

Borrower Address

300 Pierce St

Borrower City

EVERGREEN

Borrower State

AL

Borrower Zip

36401-2652

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110185.00

Current Approval Amount

110185.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1973

Servicing Lender Name

Bank of Evergreen

Servicing Lender Address

146 W Front St

Servicing Lender City

EVERGREEN

Servicing Lender State

AL

Servicing Lender Zip

36401-2817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EVERGREEN

Project County Name

CONECUH

Project State

AL

Project Zip

36401-2652

CD

AL-02

Jobs Reported

27

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10185.00

Payroll Proceed

100000.00

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

1973

Originating Lender

Bank of Evergreen

Originating Lender City

EVERGREEN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

111228.70

Forgiveness Date

03/23/2021

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