New Way Academy

$963,700 PPP Loan in Phoenix, Arizona

Loan Details

Loan Number
5225567405
Date Approved
May 12, 2020
Loan Status
Paid in Full
Initial Approval
$963,700
Current Approval
$963,700
Forgiveness Amount
$972,994
Forgiveness Date
May 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Way Academy
Address
5048 E Oak St
State
Arizona
ZIP Code
85008-2522
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611110)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
AZ-01

Loan Use Breakdown

Payroll
$722,800
Health Care
$240,900

Lender Information

Servicing Lender
Trustbank
Originating Lender
Trustbank

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