PPP Loan information for Ascent cloud llc

$1,389,800

Ascent cloud llc was initially approved for PPP Loan of amount $1,389,800, the current approved amount is $1,389,800. The loan was approved on 04/30/2020 by The First Merchants Bank reported 67 jobs and $1,389,800 was used to fund payroll.

Ascent cloud llc is New Business or 2 years or less

ASCENT CLOUD LLC

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ASCENT CLOUD LLC

Borrower Address

28 W Adams Suite 800

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48226

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1389800.00

Current Approval Amount

1389800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48226-0002

CD

MI-13

Jobs Reported

67

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1389800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1399814.18

Forgiveness Date

01/25/2021

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