PPP Loan information for Independent living association, inc.

$7,597,542

Independent living association, inc. was initially approved for PPP Loan of amount $7,597,542, the current approved amount is $7,597,542. The loan was approved on 04/11/2020 by The Valley National Bank reported 500 jobs and $7,597,542 was used to fund payroll.

Independent living association, inc. is Existing or more than 2 years old

INDEPENDENT LIVING ASSOCIATION, INC.

Date Approved

04/11/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

INDEPENDENT LIVING ASSOCIATION, INC.

Borrower Address

110 York Street 4th Floor

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11201-1412

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7597542.00

Current Approval Amount

7597542.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11201-1412

CD

NY-10

Jobs Reported

500

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7597542.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

7693777.53

Forgiveness Date

07/21/2021

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