PPP Loan information for The albany academies

$1,873,887

The albany academies was initially approved for PPP Loan of amount $1,873,887, the current approved amount is $1,873,887. The loan was approved on 04/08/2020 by The Chemung Canal Trust Company reported 153 jobs and $1,873,887 was used to fund payroll.

The albany academies is Existing or more than 2 years old

THE ALBANY ACADEMIES

Date Approved

04/08/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

THE ALBANY ACADEMIES

Borrower Address

135 ACADEMY RD

Borrower City

ALBANY

Borrower State

NY

Borrower Zip

12208-3105

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1873887.00

Current Approval Amount

1873887.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

47180

Servicing Lender Name

Chemung Canal Trust Company

Servicing Lender Address

One Chemung Canal Plz

Servicing Lender City

ELMIRA

Servicing Lender State

NY

Servicing Lender Zip

14901-3408

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

ALBANY

Project State

NY

Project Zip

12208-3105

CD

NY-20

Jobs Reported

153

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1873887.00

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

47180

Originating Lender

Chemung Canal Trust Company

Originating Lender City

ELMIRA

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1891636.87

Forgiveness Date

03/24/2021

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