PPP Loan information for Jackson area council on alcohol and drug dependency

$258,500

Jackson area council on alcohol and drug dependency was initially approved for PPP Loan of amount $258,500, the current approved amount is $258,500. The loan was approved on 04/16/2020 by The Regions Bank reported 38 jobs and $258,500 was used to fund payroll.

Jackson area council on alcohol and drug dependency is Existing or more than 2 years old

JACKSON AREA COUNCIL ON ALCOHOL AND DRUG DEPENDENCY

Date Approved

04/16/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

JACKSON AREA COUNCIL ON ALCOHOL AND DRUG DEPENDENCY

Borrower Address

900 East Chester St,

Borrower City

Jackson

Borrower State

TN

Borrower Zip

38301-6502

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258500.00

Current Approval Amount

258500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

MADISON

Project State

TN

Project Zip

38301-6502

CD

TN-08

Jobs Reported

38

NAICS Code

623220

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

258500.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

261276.22

Forgiveness Date

05/24/2021

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