PPP Loan information for Asbury towers retirement community

$768,000

Asbury towers retirement community was initially approved for PPP Loan of amount $768,000, the current approved amount is $768,000. The loan was approved on 04/07/2020 by The The North Salem State Bank reported 125 jobs and $768,000 was used to fund payroll.

Asbury towers retirement community is Existing or more than 2 years old

PPP Loan Search / IN / GREENCASTLE / Asbury towers retirement community

ASBURY TOWERS RETIREMENT COMMUNITY

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ASBURY TOWERS RETIREMENT COMMUNITY

Borrower Address

102 West POPLAR ST

Borrower City

GREENCASTLE

Borrower State

IN

Borrower Zip

46135-1636

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

768000.00

Current Approval Amount

768000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24090

Servicing Lender Name

The North Salem State Bank

Servicing Lender Address

7 N Broadway St

Servicing Lender City

NORTH SALEM

Servicing Lender State

IN

Servicing Lender Zip

46165

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENCASTLE

Project County Name

PUTNAM

Project State

IN

Project Zip

46135-1636

CD

IN-04

Jobs Reported

125

NAICS Code

623311

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

768000.00

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

Non-Profit Organization

Originating Lender Location Id

24090

Originating Lender

The North Salem State Bank

Originating Lender City

NORTH SALEM

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

772229.26

Forgiveness Date

11/03/2020

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