PPP Loan information for Ascentage pharma group inc.

$1,541,972

Ascentage pharma group inc. was initially approved for PPP Loan of amount $1,541,972, the current approved amount is $1,541,972. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 90 jobs and $1,541,972 was used to fund payroll.

Ascentage pharma group inc. is Existing or more than 2 years old

PPP Loan Search / MD / ROCKVILLE / Ascentage pharma group inc.

ASCENTAGE PHARMA GROUP INC.

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ASCENTAGE PHARMA GROUP INC.

Borrower Address

800 KING FARM BLVD STE 300

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20850-6697

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1541972.00

Current Approval Amount

1541972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-6697

CD

MD-08

Jobs Reported

90

NAICS Code

622110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1541972.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1554730.23

Forgiveness Date

03/10/2021

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