PPP Loan information for American driver training academy inc

$87,695

American driver training academy inc was initially approved for PPP Loan of amount $87,695, the current approved amount is $87,695. The loan was approved on 02/11/2021 by The TD Bank, National Association reported 12 jobs and $87,695 was used to fund payroll.

American driver training academy inc is Existing or more than 2 years old

AMERICAN DRIVER TRAINING ACADEMY INC

Date Approved

02/11/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

AMERICAN DRIVER TRAINING ACADEMY INC

Borrower Address

618 Lambson Ln

Borrower City

New Castle

Borrower State

DE

Borrower Zip

19720-2187

Loan Status Date

11/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87695.00

Current Approval Amount

87695.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Castle

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19720-2187

CD

DE-

Jobs Reported

12

NAICS Code

611692

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

87692.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89161.46

Forgiveness Date

10/14/2022

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