PPP Loan information for Delaware advancement corporation

$319,000

Delaware advancement corporation was initially approved for PPP Loan of amount $319,000, the current approved amount is $319,000. The loan was approved on 04/10/2020 by The Northwest Bank reported 49 jobs and $319,000 was used to fund payroll.

Delaware advancement corporation is Existing or more than 2 years old

PPP Loan Search / IN / MUNCIE / Delaware advancement corporation

DELAWARE ADVANCEMENT CORPORATION

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DELAWARE ADVANCEMENT CORPORATION

Borrower Address

401 S HIGH ST

Borrower City

MUNCIE

Borrower State

IN

Borrower Zip

47305-2300

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

319000.00

Current Approval Amount

319000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MUNCIE

Project County Name

DELAWARE

Project State

IN

Project Zip

47305-2300

CD

IN-05

Jobs Reported

49

NAICS Code

711310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36000.00

Payroll Proceed

30000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

253000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

321569.48

Forgiveness Date

02/04/2021

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