PPP Loan information for Open arms developmental agency inc.

$41,044

Open arms developmental agency inc. was initially approved for PPP Loan of amount $41,044, the current approved amount is $41,044. The loan was approved on 03/04/2021 by The Customers Bank reported 3 jobs and $41,044 was used to fund payroll.

Open arms developmental agency inc. is Existing or more than 2 years old

PPP Loan Search / GA / Conyers / Open arms developmental agency inc.

OPEN ARMS DEVELOPMENTAL AGENCY INC.

Date Approved

03/04/2021

SBA Office Code

0405

Processing Method

PPP

Borrower Name

OPEN ARMS DEVELOPMENTAL AGENCY INC.

Borrower Address

1443 Steam Engine Way NE B

Borrower City

Conyers

Borrower State

GA

Borrower Zip

30013-1567

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41044.00

Current Approval Amount

41044.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Conyers

Project County Name

ROCKDALE

Project State

GA

Project Zip

30013-1567

CD

GA-04

Jobs Reported

3

NAICS Code

624110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

41041.00

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

Professional Association

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41248.66

Forgiveness Date

09/15/2021

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