PPP Loan information for Development associates, inc.

$125,870

Development associates, inc. was initially approved for PPP Loan of amount $125,870, the current approved amount is $125,870. The loan was approved on 04/12/2020 by The The Washington Trust Company of Westerly reported 12 jobs and $125,870 was used to fund payroll.

Development associates, inc. is Existing or more than 2 years old

DEVELOPMENT ASSOCIATES, INC.

Date Approved

04/12/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

DEVELOPMENT ASSOCIATES, INC.

Borrower Address

300 OLD BAPTIST RD

Borrower City

NORTH KINGSTOWN

Borrower State

RI

Borrower Zip

02852-2598

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125870.00

Current Approval Amount

125870.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65777

Servicing Lender Name

The Washington Trust Company of Westerly

Servicing Lender Address

23 Broad St

Servicing Lender City

WESTERLY

Servicing Lender State

RI

Servicing Lender Zip

02891-1879

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH KINGSTOWN

Project County Name

WASHINGTON

Project State

RI

Project Zip

02852-2598

CD

RI-02

Jobs Reported

12

NAICS Code

325211

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

125870.00

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

Corporation

Originating Lender Location Id

65777

Originating Lender

The Washington Trust Company of Westerly

Originating Lender City

WESTERLY

Originating Lender State

RI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

127020.31

Forgiveness Date

03/23/2021

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