PPP Loan information for American small business development association

$60,000

American small business development association was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 5 jobs and $60,000 was used to fund payroll.

American small business development association is Existing or more than 2 years old

AMERICAN SMALL BUSINESS DEVELOPMENT ASSOCIATION

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AMERICAN SMALL BUSINESS DEVELOPMENT ASSOCIATION

Borrower Address

7115 ORCHARD LAKE RD STE 220

Borrower City

WEST BLOOMFIELD

Borrower State

MI

Borrower Zip

48322-3655

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BLOOMFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48322-3655

CD

MI-11

Jobs Reported

5

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60000.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60596.71

Forgiveness Date

04/29/2021

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