PPP Loan information for Afro american development association

$14,802

Afro american development association was initially approved for PPP Loan of amount $14,802, the current approved amount is $14,802. The loan was approved on 05/11/2020 by The Wells Fargo Bank, National Association reported 6 jobs and $14,802 was used to fund payroll.

Afro american development association is Existing or more than 2 years old

AFRO AMERICAN DEVELOPMENT ASSOCIATION

Date Approved

05/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AFRO AMERICAN DEVELOPMENT ASSOCIATION

Borrower Address

1132 28TH AVE S STE 6

Borrower City

MOORHEAD

Borrower State

MN

Borrower Zip

56560

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14802.00

Current Approval Amount

14802.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOORHEAD

Project County Name

CLAY

Project State

MN

Project Zip

56560-0001

CD

MN-07

Jobs Reported

6

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14802.00

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

Professional Association

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

14998.28

Forgiveness Date

09/08/2021

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