SBA PPP loan forgiven for Gem Prep Online
Gem City Career Prep High SchoolSchool · Dayton, OH- Disclosed value
- $420,200 Paycheck Protection Program loan received April 21, 2020; fully forgiven during year ended June 30, 2021
- From report
- Document date
- Oct 14, 2022
The 30-second brief
Gem Prep: Online, LLC obtained a $420,200 Paycheck Protection Program loan from the Small Business Administration in April 2020, which was fully forgiven during the year ended June 30, 2021. The forgiveness was recorded as a gain on extinguishment of debt.
Small Business Administration holds this financial services contract with Gem City Career Prep High School. Its other public contracts on record include work for Cobb County and City of Newburgh.
Term as filed: PPP loan under CARES Act received April 21, 2020; treated as debt until forgiveness in FY 2021.
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Contract details
- Contract type
- Financial Services
- Amount
- $420,200 Paycheck Protection Program loan received April 21, 2020; fully forgiven during year ended June 30, 2021
- Document date
- October 14, 2022
- Term
- PPP loan under CARES Act received April 21, 2020; treated as debt until forgiveness in FY 2021
- Source document
- gem-city-career-prep-high-schoolreport-2022-10-14_f04.pdf (Report)
Small Business Administration's other public contracts
More Gem City Career Prep High School contracts
Questions about this contract
Who was awarded the financial services contract by Gem City Career Prep High School?
Small Business Administration was awarded this financial services contract by Gem City Career Prep High School, as recorded on October 14, 2022. The contract value is $420,200 Paycheck Protection Program loan received April 21, 2020; fully forgiven during year ended June 30, 2021.
How much is the Small Business Administration contract with Gem City Career Prep High School worth?
The Small Business Administration contract with Gem City Career Prep High School is valued at $420,200 Paycheck Protection Program loan received April 21, 2020; fully forgiven during year ended June 30, 2021, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in gem-city-career-prep-high-schoolreport-2022-10-14_f04.pdf (Report), dated October 14, 2022 from Gem City Career Prep High School. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Small Business Administration hold?
Small Business Administration may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Gem City Career Prep High School currently buying?
Explore Gem City Career Prep High School's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.