Project Summary

AWARD OVERVIEW

Recipient Information (Loans)
Recipient Name	PIONEER VALLEY CHINESE IMMERSION CHARTER SCHOOL
Recipient DUNS Number	808791821
Recipient Address	317 RUSSELL ST
Recipient City	HADLEY
Recipient State	Massachusetts
Recipient Zip	01035-3535
Recipient Congressional District	02
Recipient Country	USA
Required to Report Top 5 Highly Compensated Officials	No

Projects and Jobs Information
Project Title	Pioneer Valley Chinese Immersion Charter School
Project Status	Completed
Final Project Report Submitted	Yes
Project Activities Description	All Other Miscellaneous Schools and Instruction
Quarterly Activities/Project Description	This loan, together with a $1,550,000 commercial loan, enabled the Pioneer Valley Chinese Immersion School to purchase the building that they currently lease.
Jobs Created	2.30
Description of Jobs Created	Finding a suitable facility is one of the great challenges for any charter public school. This project has and will continue to facilitate the expansion of our school by providing a stable location for our school facility. Since the purchase of the facility we have added 7 new employees. As the federal funds contributed one third of the cost of the purchase, we are allocating 2.3 jobs as attributable to the project.

Award Information
Award Date	07/28/2009
Award Number	25-007-321790942
Order Number
Award Type	Loans
Funding Agency ID	12
Funding Agency Name	Department of Agriculture
Funding Office Name	Not Available
Awarding Agency ID	12
Awarding Agency Name	Department of Agriculture
Amount of Award	$800,000
Funds Invoiced/Received	$800,000
Expenditure Amount	$800,000
Infrastructure Expenditure Amount	$800,000
Infrastructure Purpose and Rationale	This loan, together with a $1,550,000 commercial loan, enabled the Pioneer Valley Chinese Immersion School to purchase the building that they had leased. This will allow the school to maintain and expand a rural community facility serving a diverse population of students. The property was previously vacant for several years and now is an occupied commercial building in a prime real estate location in the rural community of Hadley.
Infrastructure Point of Contact Name	Rich Alcorn
Infrastructure Point of Contact Email	info@pvcics.org
Infrastructure Point of Contact Phone	4135827040
Infrastructure Point of Contact Address	317 Russell Street
Infrastructure Point of Contact City	Hadley
Infrastructure Point of Contact State	MA
Infrastructure Point of Contact Zip	01035-3535

Product or Service Information
Primary Activity Code	611699
Activity Description	All Other Miscellaneous Schools and Instruction

Sub-Awards Information
Sub-awards to Organizations	0
Sub-award Amounts to Organizations	$0
Sub-Awards to Individuals	0
Sub-Award Amounts to Individuals	$0
Number of Sub-awards less than $25,000/award	0
Amount of Sub-awards less than $25,000/award	$0
Number of payments to vendors greater than $25,000	0
Total Amount of payments to vendors greater than $25,000/award	$0
Number of payments to vendors less than $25,000/award	0
Total Amount of payments to vendors less than $25,000/award	$0