PPP Loan information for Associated recreation council

$2,000,000

Associated recreation council was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/12/2021 by The Sound Community Bank reported 190 jobs and $2,000,000 was used to fund payroll.

Associated recreation council is Existing or more than 2 years old

PPP Loan Search / WA / Seattle / Associated recreation council

ASSOCIATED RECREATION COUNCIL

Date Approved

03/12/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

ASSOCIATED RECREATION COUNCIL

Borrower Address

8061 Densmore Ave N

Borrower City

Seattle

Borrower State

WA

Borrower Zip

98103-4436

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107432

Servicing Lender Name

Sound Community Bank

Servicing Lender Address

2400 Third Ave, Ste 100

Servicing Lender City

SEATTLE

Servicing Lender State

WA

Servicing Lender Zip

98121-4090

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Seattle

Project County Name

KING

Project State

WA

Project Zip

98103-4436

CD

WA-07

Jobs Reported

190

NAICS Code

713990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

Sole Proprietorship

Originating Lender Location Id

107432

Originating Lender

Sound Community Bank

Originating Lender City

SEATTLE

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2015013.70

Forgiveness Date

12/23/2021

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