PPP Loan information for Abilities network

$958,706

Abilities network was initially approved for PPP Loan of amount $958,706, the current approved amount is $958,706. The loan was approved on 04/28/2020 by The Cross River Bank reported 130 jobs and $958,706 was used to fund payroll.

Abilities network is Existing or more than 2 years old

ABILITIES NETWORK

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ABILITIES NETWORK

Borrower Address

8503 LaSalle Road

Borrower City

Towson

Borrower State

MD

Borrower Zip

21286

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

958706.00

Current Approval Amount

958706.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

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

21286-0500

CD

MD-02

Jobs Reported

130

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

958706.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

973519.98

Forgiveness Date

11/16/2021

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