PPP Loan information for Initiatives inc

$172,500

Initiatives inc was initially approved for PPP Loan of amount $172,500, the current approved amount is $172,500. The loan was approved on 05/03/2020 by The First National Bank of Pennsylvania reported 63 jobs and $172,500 was used to fund payroll.

Initiatives inc is Unanswered

INITIATIVES INC

Date Approved

05/03/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

INITIATIVES INC

Borrower Address

1704 STONE IVY PL

Borrower City

BEL AIR

Borrower State

MD

Borrower Zip

21015-5711

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172500.00

Current Approval Amount

172500.00

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

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

BEL AIR

Project County Name

HARFORD

Project State

MD

Project Zip

21015-5711

CD

MD-01

Jobs Reported

63

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

172500.00

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

173717.08

Forgiveness Date

01/25/2021

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