PPP Loan information for Initiatives inc

$131,997

Initiatives inc was initially approved for PPP Loan of amount $131,997, the current approved amount is $131,997. The loan was approved on 02/13/2021 by The First National Bank of Pennsylvania reported 48 jobs and $131,997 was used to fund payroll.

Initiatives inc is Existing or more than 2 years old

PPP Loan Search / MD / Baltimore / Initiatives inc

INITIATIVES INC

Date Approved

02/13/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

INITIATIVES INC

Borrower Address

1200 N Collington Ave

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21213-3313

Loan Status Date

10/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

131997.00

Current Approval Amount

131997.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Baltimore

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21213-3313

CD

MD-07

Jobs Reported

48

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

131992.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

134050.29

Forgiveness Date

09/08/2022

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