PPP Loan information for Ability kc

$2,000,000

Ability kc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/25/2021 by The Commerce Bank reported 190 jobs and $2,000,000 was used to fund payroll.

Ability kc is Existing or more than 2 years old

ABILITY KC

Date Approved

01/25/2021

SBA Office Code

0709

Processing Method

PPS

Borrower Name

ABILITY KC

Borrower Address

3011 Baltimore Ave

Borrower City

Kansas City

Borrower State

MO

Borrower Zip

64108-3403

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kansas City

Project County Name

JACKSON

Project State

MO

Project Zip

64108-3403

CD

MO-05

Jobs Reported

190

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2024166.67

Forgiveness Date

04/13/2022

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