AMBITION PREPARATORY CHARTER SCHOOL (MS) - 2020 PPP Loan Borrower Profile (# 7766077010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMBITION PREPARATORY CHARTER SCHOOL. 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 Mississippi.

Loan Detail

Loan Number

7766077010

SBA Office Code

0470

Processing Method

PPP

Curent Loan Amount

$160,000

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$161,808.89

Date Loan was Forgiven

May 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,000

Payroll Proced

131,786

Rent Proceed

25,214

Lender

Hope FCU

Business Detail

Business Type

Non-Profit Organization

NAICS

611110

Borrower Location

JACKSON, MS

Project Location

JACKSON, MS

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.