PPP Loan information for Abilities network

$868,966

Abilities network was initially approved for PPP Loan of amount $868,966, the current approved amount is $868,966. The loan was approved on 03/16/2021 by The Customers Bank reported 130 jobs and $868,966 was used to fund payroll.

Abilities network is Existing or more than 2 years old

ABILITIES NETWORK

Date Approved

03/16/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

ABILITIES NETWORK

Borrower Address

8503 La Salle Rd

Borrower City

Towson

Borrower State

MD

Borrower Zip

21286-5926

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

868966.00

Current Approval Amount

868966.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Towson

Project County Name

BALTIMORE

Project State

MD

Project Zip

21286-5926

CD

MD-02

Jobs Reported

130

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

868966.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

876727.18

Forgiveness Date

02/09/2022

;