PPP Loan information for American correctional assoc

$562,500

American correctional assoc was initially approved for PPP Loan of amount $562,500, the current approved amount is $562,500. The loan was approved on 01/31/2021 by The Sandy Spring Bank reported 35 jobs and $562,500 was used to fund payroll.

American correctional assoc is Existing or more than 2 years old

PPP Loan Search / VA / Alexandria / American correctional assoc

AMERICAN CORRECTIONAL ASSOC

Date Approved

01/31/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

AMERICAN CORRECTIONAL ASSOC

Borrower Address

206 N Washington St Ste 200

Borrower City

Alexandria

Borrower State

VA

Borrower Zip

22314-2528

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

562500.00

Current Approval Amount

562500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alexandria

Project County Name

ALEXANDRIA CITY

Project State

VA

Project Zip

22314-2528

CD

VA-08

Jobs Reported

35

NAICS Code

561920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

562496.00

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

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

567801.37

Forgiveness Date

01/18/2022

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