BRIGHT NEW SCHOLARS ACADEMY (DE) - 2020 PPP Loan Borrower Profile (# 9316487104)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to BRIGHT NEW SCHOLARS ACADEMY. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Delaware.
Loan Detail
Loan Number
9316487104
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$135,458.4
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$136,639.9
Date Loan was Forgiven
Mar 5, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
16,932.3
Payroll Proced
101,593.8
Rent Proceed
16,932.3
Lender
Fulton Bank, National Association
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
624410
Borrower Location
Newark, DE
Project Location
Newark, DE
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
10
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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