PPP Loan information for Area development foundation inc.

$19,760

Area development foundation inc. was initially approved for PPP Loan of amount $19,760, the current approved amount is $19,760. The loan was approved on 02/22/2021 by The The Park National Bank reported 5 jobs and $19,760 was used to fund payroll.

Area development foundation inc. is Existing or more than 2 years old

AREA DEVELOPMENT FOUNDATION INC.

Date Approved

02/22/2021

SBA Office Code

0593

Processing Method

PPP

Borrower Name

AREA DEVELOPMENT FOUNDATION INC.

Borrower Address

507 W High St

Borrower City

Mount Vernon

Borrower State

OH

Borrower Zip

43050-2350

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19760.00

Current Approval Amount

19760.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Vernon

Project County Name

KNOX

Project State

OH

Project Zip

43050-2350

CD

OH-12

Jobs Reported

5

NAICS Code

813211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19760.00

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

19810.35

Forgiveness Date

06/14/2021

;