PPP Loan information for The oaks academy, inc.

$1,633,900

The oaks academy, inc. was initially approved for PPP Loan of amount $1,633,900, the current approved amount is $1,633,900. The loan was approved on 04/10/2020 by The Old National Bank reported 204 jobs and $1,633,900 was used to fund payroll.

The oaks academy, inc. is Existing or more than 2 years old

THE OAKS ACADEMY, INC.

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

THE OAKS ACADEMY, INC.

Borrower Address

16TH ST

Borrower City

INDIANAPOLIS

Borrower State

IN

Borrower Zip

46202-1947

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1633900.00

Current Approval Amount

1633900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDIANAPOLIS

Project County Name

MARION

Project State

IN

Project Zip

46202-1947

CD

IN-07

Jobs Reported

204

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1633900.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1647150.26

Forgiveness Date

02/11/2021

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