PPP Loan information for Success academy

$50,000

Success academy was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 05/14/2020 by The U.S. Bank, National Association reported 18 jobs and $50,000 was used to fund payroll.

Success academy is Existing or more than 2 years old

SUCCESS ACADEMY

Date Approved

05/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SUCCESS ACADEMY

Borrower Address

8201 PARK AVE S

Borrower City

BLOOMINGTON

Borrower State

MN

Borrower Zip

55420

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

HENNEPIN

Project State

MN

Project Zip

55420-0001

CD

MN-03

Jobs Reported

18

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

50283.33

Forgiveness Date

12/17/2020

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