PPP Loan information for The advertising council, inc

$2,806,400

The advertising council, inc was initially approved for PPP Loan of amount $2,806,400, the current approved amount is $2,806,400. The loan was approved on 04/14/2020 by The Continental Bank reported 130 jobs and $2,806,400 was used to fund payroll.

The advertising council, inc is Existing or more than 2 years old

PPP Loan Search / NY / NEW YORK / The advertising council, inc

THE ADVERTISING COUNCIL, INC

Date Approved

04/14/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

THE ADVERTISING COUNCIL, INC

Borrower Address

815 2ND AVE 9th FLOOR

Borrower City

NEW YORK

Borrower State

NY

Borrower Zip

10017-4500

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2806400.00

Current Approval Amount

2806400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

352972

Servicing Lender Name

Continental Bank

Servicing Lender Address

15 W South Temple St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84101-1542

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW YORK

Project County Name

NEW YORK

Project State

NY

Project Zip

10017-4500

CD

NY-12

Jobs Reported

130

NAICS Code

541890

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2806400.00

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

352972

Originating Lender

Continental Bank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2843536.75

Forgiveness Date

08/19/2021

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