PPP Loan information for Rural development initiatives

$178,932

Rural development initiatives was initially approved for PPP Loan of amount $178,932, the current approved amount is $178,932. The loan was approved on 04/28/2020 by The Northwest Community CU reported 19 jobs and $178,932 was used to fund payroll.

Rural development initiatives is Existing or more than 2 years old

RURAL DEVELOPMENT INITIATIVES

Date Approved

04/28/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

RURAL DEVELOPMENT INITIATIVES

Borrower Address

150 Shelton McMurphey Blvd

Borrower City

EUGENE

Borrower State

OR

Borrower Zip

97401-5015

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178932.00

Current Approval Amount

178932.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

103851

Servicing Lender Name

Northwest Community CU

Servicing Lender Address

545 E 8th Ave

Servicing Lender City

EUGENE

Servicing Lender State

OR

Servicing Lender Zip

97401

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EUGENE

Project County Name

LANE

Project State

OR

Project Zip

97401-5015

CD

OR-04

Jobs Reported

19

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

178932.00

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

103851

Originating Lender

Northwest Community CU

Originating Lender City

EUGENE

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

180304.63

Forgiveness Date

02/10/2021

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