Date Approved
04/09/2020
SBA Office Code
0341
Processing Method
PPP
Borrower Name
PRAISE ASSEMBLY INC
Borrower Address
1421 OLD BALTIMORE PIKE
Borrower City
NEWARK
Borrower State
DE
Borrower Zip
19702-2025
Loan Status Date
12/19/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
39700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
29905
Servicing Lender Name
Harford Bank
Servicing Lender Address
8 W Bel Air Ave
Servicing Lender City
ABERDEEN
Servicing Lender State
MD
Servicing Lender Zip
21001-3235
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NEW CASTLE
Project State
Project Zip
CD
DE-
Jobs Reported
5
NAICS Code
813110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
39921.66
Forgiveness Date
11/05/2020