PPP Loan information for Area development partnership inc

$202,142

Area development partnership inc was initially approved for PPP Loan of amount $202,142, the current approved amount is $202,142. The loan was approved on 02/10/2021 by The Loan Source Incorporated reported 13 jobs and $202,142 was used to fund payroll.

Area development partnership inc is Existing or more than 2 years old

AREA DEVELOPMENT PARTNERSHIP INC

Date Approved

02/10/2021

SBA Office Code

0470

Processing Method

PPP

Borrower Name

AREA DEVELOPMENT PARTNERSHIP INC

Borrower Address

1 Convention Center Plz

Borrower City

Hattiesburg

Borrower State

MS

Borrower Zip

39401-3055

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

202142.00

Current Approval Amount

202142.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hattiesburg

Project County Name

FORREST

Project State

MS

Project Zip

39401-3055

CD

MS-04

Jobs Reported

13

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

202142.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

204207.73

Forgiveness Date

02/25/2022

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