PPP Loan information for The oaks academy inc.

$1,680,735

The oaks academy inc. was initially approved for PPP Loan of amount $1,680,735, the current approved amount is $1,680,735. The loan was approved on 02/25/2021 by The Old National Bank reported 200 jobs and $1,680,735 was used to fund payroll.

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

PPP Loan Search / IN / Indianapolis / The oaks academy inc.

THE OAKS ACADEMY INC.

Date Approved

02/25/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

THE OAKS ACADEMY INC.

Borrower Address

1301 E 16th St

Borrower City

Indianapolis

Borrower State

IN

Borrower Zip

46202-1947

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1680735.00

Current Approval Amount

1680735.00

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

Y

HLMI Indicator

Y

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

200

NAICS Code

611699

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1680735.00

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

1687273.75

Forgiveness Date

07/23/2021

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