PPP Loan information for Addictions recovery center, inc

$1,320,900

Addictions recovery center, inc was initially approved for PPP Loan of amount $1,320,900, the current approved amount is $1,320,900. The loan was approved on 04/07/2020 by The People's Bank of Commerce reported 125 jobs and $1,320,900 was used to fund payroll.

Addictions recovery center, inc is Existing or more than 2 years old

PPP Loan Search / OR / MEDFORD / Addictions recovery center, inc

ADDICTIONS RECOVERY CENTER, INC

Date Approved

04/07/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

ADDICTIONS RECOVERY CENTER, INC

Borrower Address

1003 E Main St STE 104

Borrower City

MEDFORD

Borrower State

OR

Borrower Zip

97504-7140

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1320900.00

Current Approval Amount

1320900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122606

Servicing Lender Name

People's Bank of Commerce

Servicing Lender Address

1311 E Barnett Rd

Servicing Lender City

Medford

Servicing Lender State

OR

Servicing Lender Zip

97504

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MEDFORD

Project County Name

JACKSON

Project State

OR

Project Zip

97504-7140

CD

OR-02

Jobs Reported

125

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

1250900.00

Mortgage Interest Proceed

50000.00

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

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1339537.36

Forgiveness Date

09/15/2021

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