PPP Loan information for Ashland area development corp

$28,369

Ashland area development corp was initially approved for PPP Loan of amount $28,369, the current approved amount is $28,369. The loan was approved on 05/28/2021 by The Customers Bank reported 3 jobs and $28,369 was used to fund payroll.

Ashland area development corp is Existing or more than 2 years old

PPP Loan Search / WI / Ashland / Ashland area development corp

ASHLAND AREA DEVELOPMENT CORP

Date Approved

05/28/2021

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ASHLAND AREA DEVELOPMENT CORP

Borrower Address

422 3rd St W Ste 101

Borrower City

Ashland

Borrower State

WI

Borrower Zip

54806-1564

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28369.00

Current Approval Amount

28369.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ashland

Project County Name

ASHLAND

Project State

WI

Project Zip

54806-1564

CD

WI-07

Jobs Reported

3

NAICS Code

926110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

28367.00

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

262380

Originating Lender

Leader Bank, National Association

Originating Lender City

ARLINGTON

Originating Lender State

MA

Gender

Female Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

28446.72

Forgiveness Date

10/12/2021

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