PPP Loan information for Ascellon corporation

$905,720

Ascellon corporation was initially approved for PPP Loan of amount $1,016,400, the current approved amount is $905,720. The loan was approved on 04/09/2020 by The Truist Bank reported 51 jobs and $905,720 was used to fund payroll.

Ascellon corporation is Existing or more than 2 years old

ASCELLON CORPORATION

Date Approved

04/09/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ASCELLON CORPORATION

Borrower Address

8201 CORPORATE DR STE1200

Borrower City

HYATTSVILLE

Borrower State

MD

Borrower Zip

20785-2207

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1016400.00

Current Approval Amount

905720.48

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HYATTSVILLE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20785-2207

CD

MD-04

Jobs Reported

51

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

905720.48

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

912085.68

Forgiveness Date

12/31/2020

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