Madison Ridgeland Academy
$1,540,800 PPP Loan in Madison, Mississippi
Loan Details
- Loan Number
- 5165947006
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,540,800
- Current Approval
- $1,540,800
- Forgiveness Amount
- $1,550,516
- Forgiveness Date
- Nov 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Madison Ridgeland Academy
- Address
- 7601 Old Canton Rd
- City
- Madison
- State
- Mississippi
- ZIP Code
- 39110-8968
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Educational Services (611110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 210
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- MS-03
Loan Use Breakdown
- Payroll
- $1,402,800
- Utilities
- $40,000
- Health Care
- $48,000
- Mortgage Interest
- $48,000
- Debt Interest
- $2,000
Lender Information
- Servicing Lender
- Bankplus
- Originating Lender
- Bankplus
Other PPP Loans in Madison, MS
| Business | Approved | |
|---|---|---|
| Heritage Properties INC | $3,240,300 | |
| St. Catherine's Village, Inc. | $2,296,489 | |
| D.b.c. Corporation | $1,535,000 | |
| Key Constructors LLC | $1,481,600 | |
| Sunray Spa LLC | $1,434,326 |
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