ACADEMY OF TRADITIONAL KARATE, INC. (MA) - 2020 PPP Loan Borrower Profile (# 1424087103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACADEMY OF TRADITIONAL KARATE, INC.. 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 Massachusetts.

Loan Detail

Loan Number

1424087103

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$87,500

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$88,598.61

Date Loan was Forgiven

Jul 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

600

Payroll Proced

63,700

Rent Proceed

18,600

Health Care Proceed

4,600

Lender

Enterprise Bank and Trust Company

Business Detail

Business Type

Corporation

NAICS

713940

Borrower Location

WILMINGTON, MA

Project Location

WILMINGTON, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.