PPP Loan information for The academy at penguin hall

$487,071

The academy at penguin hall was initially approved for PPP Loan of amount $507,700, the current approved amount is $487,071. The loan was approved on 04/07/2020 by The Salem Five Cents Savings Bank reported 46 jobs and $487,071 was used to fund payroll.

The academy at penguin hall is Existing or more than 2 years old

PPP Loan Search / MA / WENHAM / The academy at penguin hall

THE ACADEMY AT PENGUIN HALL

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE ACADEMY AT PENGUIN HALL

Borrower Address

36 ESSEX ST

Borrower City

WENHAM

Borrower State

MA

Borrower Zip

01984-1710

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

507700.00

Current Approval Amount

487071.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WENHAM

Project County Name

ESSEX

Project State

MA

Project Zip

01984-1710

CD

MA-06

Jobs Reported

46

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

487071.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

491224.63

Forgiveness Date

02/18/2021

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