PPP Loan information for Commonwealth development corporation of america

$548,200

Commonwealth development corporation of america was initially approved for PPP Loan of amount $548,200, the current approved amount is $548,200. The loan was approved on 03/13/2021 by The Sterling Bank reported 36 jobs and $548,200 was used to fund payroll.

Commonwealth development corporation of america is Existing or more than 2 years old

COMMONWEALTH DEVELOPMENT CORPORATION OF AMERICA

Date Approved

03/13/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

COMMONWEALTH DEVELOPMENT CORPORATION OF AMERICA

Borrower Address

24 S Brooke St

Borrower City

Fond du Lac

Borrower State

WI

Borrower Zip

54935-4007

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

548200.00

Current Approval Amount

548200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

467149

Servicing Lender Name

Sterling Bank

Servicing Lender Address

1100 Sterling Dr

Servicing Lender City

POPLAR BLUFF

Servicing Lender State

MO

Servicing Lender Zip

63901-2755

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fond du Lac

Project County Name

FOND DU LAC

Project State

WI

Project Zip

54935-4007

CD

WI-06

Jobs Reported

36

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

548197.00

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

Subchapter S Corporation

Originating Lender Location Id

467149

Originating Lender

Sterling Bank

Originating Lender City

POPLAR BLUFF

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

550933.49

Forgiveness Date

09/15/2021

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