Caravel Academy

$1,346,112 PPP Loan in Bear, Delaware

Loan Details

Loan Number
3055847305
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$1,346,112
Current Approval
$1,346,112
Forgiveness Amount
$1,362,376
Forgiveness Date
Jul 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Caravel Academy
Address
2801 Del Laws Rd
City
Bear
ZIP Code
19701-1799
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611110)
Business Age
Existing or more than 2 years old
Jobs Reported
207
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$940,809
Utilities
$405,303

Lender Information

Servicing Lender
Wilmington Savings Fund Society, Fsb
Originating Lender
Wilmington Savings Fund Society, Fsb

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