PPP Loan information for Akron community development

$371,345

Akron community development was initially approved for PPP Loan of amount $371,345, the current approved amount is $371,345. The loan was approved on 02/10/2021 by The Heartland Bank reported 66 jobs and $371,345 was used to fund payroll.

Akron community development is Existing or more than 2 years old

AKRON COMMUNITY DEVELOPMENT

Date Approved

02/10/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

AKRON COMMUNITY DEVELOPMENT

Borrower Address

1293 Copley Rd

Borrower City

Akron

Borrower State

OH

Borrower Zip

44320-2766

Loan Status Date

10/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

371345.00

Current Approval Amount

371345.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57467

Servicing Lender Name

Heartland Bank

Servicing Lender Address

430 N Hamilton Rd

Servicing Lender City

WHITEHALL

Servicing Lender State

OH

Servicing Lender Zip

43213-3067

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Akron

Project County Name

SUMMIT

Project State

OH

Project Zip

44320-2766

CD

OH-13

Jobs Reported

66

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

371344.00

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

57467

Originating Lender

Heartland Bank

Originating Lender City

WHITEHALL

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

377164.43

Forgiveness Date

09/07/2022

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