PPP Loan information for The adult skills center

$1,794,600

The adult skills center was initially approved for PPP Loan of amount $1,020,000, the current approved amount is $1,794,600. The loan was approved on 04/15/2020 by The First-Citizens Bank & Trust Company reported 260 jobs and $1,794,600 was used to fund payroll.

The adult skills center is Existing or more than 2 years old

THE ADULT SKILLS CENTER

Date Approved

04/15/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

THE ADULT SKILLS CENTER

Borrower Address

16600 Sherman Way Suite 240

Borrower City

VAN NUYS

Borrower State

CA

Borrower Zip

91406-3875

Loan Status Date

04/28/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1020000.00

Current Approval Amount

1794600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VAN NUYS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91406-3875

CD

CA-29

Jobs Reported

260

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1794600.00

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

501(c)3 – Non Profit

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1818727.40

Forgiveness Date

08/30/2021

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