Montessori Academy Incorporated

$561,426 PPP Loan in Brentwood, Tennessee

Loan Details

Loan Number
1611547105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$561,426
Current Approval
$561,426
Forgiveness Amount
$567,493
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Montessori Academy Incorporated
Address
100 Montessori Dr
ZIP Code
37027-1520
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611110)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
TN-05

Loan Use Breakdown

Payroll
$492,926
Rent
$3,000
Utilities
$22,000
Health Care
$11,000
Mortgage Interest
$16,500
Debt Interest
$16,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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