The American Virtual Academy, Inc.

$2,185,700 PPP Loan in Chandler, Arizona

Loan Details

Loan Number
2753797110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$2,185,700
Current Approval
$2,185,700
Forgiveness Amount
$2,213,446
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The American Virtual Academy, Inc.
Address
2471 N Arizona Ave
State
Arizona
ZIP Code
85225-1373
Business Type
Subchapter S Corporation
Industry (NAICS)
Educational Services (611110)
Business Age
Existing or more than 2 years old
Jobs Reported
217
Estimated Revenue
$26.0M
Rural/Urban
Urban
Congressional District
AZ-04

Loan Use Breakdown

Payroll
$1,860,700
Utilities
$200,000
Mortgage Interest
$125,000

Lender Information

Servicing Lender
Western Alliance Bank
Originating Lender
Western Alliance Bank

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