PPP Loan information for Association of governing boards of universities and colleges

$967,700

Association of governing boards of universities and colleges was initially approved for PPP Loan of amount $967,700, the current approved amount is $967,700. The loan was approved on 02/13/2021 by The Bank of America, National Association reported 44 jobs and $967,700 was used to fund payroll.

Association of governing boards of universities and colleges is Existing or more than 2 years old

ASSOCIATION OF GOVERNING BOARDS OF UNIVERSITIES AND COLLEGES

Date Approved

02/13/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

ASSOCIATION OF GOVERNING BOARDS OF UNIVERSITIES AND COLLEGES

Borrower Address

1133 20th St NW Ste 300

Borrower City

Washington

Borrower State

DC

Borrower Zip

20036-3475

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

967700.00

Current Approval Amount

967700.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20036-3475

CD

DC-

Jobs Reported

44

NAICS Code

813920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

967697.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

975282.53

Forgiveness Date

12/02/2021

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