Cumberland Academy

$1,846,700 PPP Loan in Tyler, Texas

Loan Details

Loan Number
4210207100
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,846,700
Current Approval
$1,846,700
Forgiveness Amount
$1,858,387
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Cumberland Academy
Address
1340 Shiloh Rd
City
Tyler
State
Texas
ZIP Code
75703-1523
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611110)
Business Age
Existing or more than 2 years old
Jobs Reported
249
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$1,385,025
Rent
$369,340
Utilities
$55,401
Mortgage Interest
$36,934

Lender Information

Servicing Lender
Origin Bank
Originating Lender
Origin Bank

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