PPP Loan information for 1412 associates inc.

$232,365

1412 associates inc. was initially approved for PPP Loan of amount $232,365, the current approved amount is $232,365. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 35 jobs and $232,365 was used to fund payroll.

1412 associates inc. is Existing or more than 2 years old

1412 ASSOCIATES INC.

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

1412 ASSOCIATES INC.

Borrower Address

1412 North Dupont Street

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19806

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

232365.00

Current Approval Amount

232365.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19806-1000

CD

DE-

Jobs Reported

35

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8750.00

Payroll Proceed

174275.00

Mortgage Interest Proceed

0.00

Rent Proceed

49340.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

234217.55

Forgiveness Date

02/04/2021

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