PPP Loan information for Community management initiative inc.

$240,000

Community management initiative inc. was initially approved for PPP Loan of amount $240,000, the current approved amount is $240,000. The loan was approved on 04/08/2021 by The Readycap Lending, LLC reported 21 jobs and $240,000 was used to fund payroll.

Community management initiative inc. is Existing or more than 2 years old

PPP Loan Search / NC / Arden / Community management initiative inc.

COMMUNITY MANAGEMENT INITIATIVE INC.

Date Approved

04/08/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

COMMUNITY MANAGEMENT INITIATIVE INC.

Borrower Address

48 Fisk Dr

Borrower City

Arden

Borrower State

NC

Borrower Zip

28704-9469

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

240000.00

Current Approval Amount

240000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Arden

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28704-9469

CD

NC-11

Jobs Reported

21

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

239998.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

242110.68

Forgiveness Date

03/01/2022

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