PPP Loan information for Serving children and adults in need, inc.

$600,400

Serving children and adults in need, inc. was initially approved for PPP Loan of amount $600,400, the current approved amount is $600,400. The loan was approved on 04/13/2020 by The International Bank of Commerce reported 77 jobs and $600,400 was used to fund payroll.

Serving children and adults in need, inc. is Existing or more than 2 years old

SERVING CHILDREN AND ADULTS IN NEED, INC.

Date Approved

04/13/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

SERVING CHILDREN AND ADULTS IN NEED, INC.

Borrower Address

1605 SALDANA AVE

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78041-6220

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

600400.00

Current Approval Amount

600400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70700

Servicing Lender Name

International Bank of Commerce

Servicing Lender Address

1200 San Bernardo Ave

Servicing Lender City

LAREDO

Servicing Lender State

TX

Servicing Lender Zip

78040-6301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAREDO

Project County Name

WEBB

Project State

TX

Project Zip

78041-6220

CD

TX-28

Jobs Reported

77

NAICS Code

624190

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

600400.00

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

70700

Originating Lender

International Bank of Commerce

Originating Lender City

LAREDO

Originating Lender State

TX

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

606353.97

Forgiveness Date

04/14/2021

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