The Academy of Academic Excellence

$87,500 PPP Loan in Henrico, Virginia

Loan Details

Loan Number
6557867206
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$87,500
Current Approval
$87,500
Forgiveness Amount
$88,694
Forgiveness Date
Sep 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Academy of Academic Excellence
Address
12345 Gayton Road
ZIP Code
23238
Business Type
Subchapter S Corporation
Industry (NAICS)
Educational Services (611110)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
VA-01

Loan Use Breakdown

Payroll
$70,000
Utilities
$4,375
Mortgage Interest
$13,125

Lender Information

Servicing Lender
First Community Bank
Originating Lender
First Community Bank

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