PPP Loan information for Delaware advancement corporation

$353,258

Delaware advancement corporation was initially approved for PPP Loan of amount $353,258, the current approved amount is $353,258. The loan was approved on 01/30/2021 by The Northwest Bank reported 25 jobs and $353,258 was used to fund payroll.

Delaware advancement corporation is Existing or more than 2 years old

DELAWARE ADVANCEMENT CORPORATION

Date Approved

01/30/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

DELAWARE ADVANCEMENT CORPORATION

Borrower Address

401 S High St

Borrower City

Muncie

Borrower State

IN

Borrower Zip

47305-2300

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

353258.10

Current Approval Amount

353258.10

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

N

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

25

NAICS Code

711310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

353257.10

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

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

355580.89

Forgiveness Date

10/04/2021

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