PPP Loan information for Asian american drug abuse program, inc.

$1,248,517

Asian american drug abuse program, inc. was initially approved for PPP Loan of amount $1,248,517, the current approved amount is $1,248,517. The loan was approved on 04/15/2020 by The City National Bank reported 115 jobs and $1,248,517 was used to fund payroll.

Asian american drug abuse program, inc. is Existing or more than 2 years old

PPP Loan Search / CA / LOS ANGELES / Asian american drug abuse program, inc.

ASIAN AMERICAN DRUG ABUSE PROGRAM, INC.

Date Approved

04/15/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

ASIAN AMERICAN DRUG ABUSE PROGRAM, INC.

Borrower Address

2900 S. CRENSHAW BLVD

Borrower City

LOS ANGELES

Borrower State

CA

Borrower Zip

90016-4265

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1248517.00

Current Approval Amount

1248517.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOS ANGELES

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90016-4265

CD

CA-37

Jobs Reported

115

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

1182517.00

Mortgage Interest Proceed

6000.00

Rent Proceed

45000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1260967.96

Forgiveness Date

05/05/2021

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