Arise Academy

$1,483,387 PPP Loan in New Orleans, Louisiana

Loan Details

Loan Number
8922577004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,483,387
Current Approval
$1,483,387
Forgiveness Amount
$1,501,188
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arise Academy
Address
3819 St. Claude Ave.
ZIP Code
70117-5735
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611110)
Business Age
Existing or more than 2 years old
Jobs Reported
146
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
LA-02

Loan Use Breakdown

Payroll
$1,073,387
Rent
$50,000
Utilities
$360,000

Lender Information

Servicing Lender
Hope Enterprise Corporation
Originating Lender
Hope Fcu

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