PPP Loan information for Akron community development association

$298,200

Akron community development association was initially approved for PPP Loan of amount $298,200, the current approved amount is $298,200. The loan was approved on 04/14/2020 by The Heartland Bank reported 59 jobs and $298,200 was used to fund payroll.

Akron community development association is Existing or more than 2 years old

PPP Loan Search / OH / AKRON / Akron community development association

AKRON COMMUNITY DEVELOPMENT ASSOCIATION

Date Approved

04/14/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

AKRON COMMUNITY DEVELOPMENT ASSOCIATION

Borrower Address

1239 Copley Rd

Borrower City

AKRON

Borrower State

OH

Borrower Zip

44320-2751

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

298200.00

Current Approval Amount

298200.00

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

44320-2751

CD

OH-13

Jobs Reported

59

NAICS Code

925120

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

298200.00

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

Non-Veteran

Non Profit

Y

Forgiveness Amount

300536.58

Forgiveness Date

02/03/2021

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