PPP Loan information for Youthbuild preparatory academy

$96,235

Youthbuild preparatory academy was initially approved for PPP Loan of amount $96,235, the current approved amount is $96,235. The loan was approved on 01/22/2021 by The BankNewport reported 6 jobs and $96,235 was used to fund payroll.

Youthbuild preparatory academy is Existing or more than 2 years old

YOUTHBUILD PREPARATORY ACADEMY

Date Approved

01/22/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

YOUTHBUILD PREPARATORY ACADEMY

Borrower Address

217 Westminster St # 3

Borrower City

Providence

Borrower State

RI

Borrower Zip

02903-1906

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

96235.00

Current Approval Amount

96235.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Providence

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02903-1906

CD

RI-02

Jobs Reported

6

NAICS Code

611710

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

96232.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

97360.82

Forgiveness Date

03/29/2022

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