PPP Loan information for Resource development associates

$699,750

Resource development associates was initially approved for PPP Loan of amount $699,750, the current approved amount is $699,750. The loan was approved on 04/09/2020 by The Summit Bank reported 34 jobs and $699,750 was used to fund payroll.

Resource development associates is Existing or more than 2 years old

RESOURCE DEVELOPMENT ASSOCIATES

Date Approved

04/09/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

RESOURCE DEVELOPMENT ASSOCIATES

Borrower Address

2333 Harrison Street

Borrower City

OAKLAND

Borrower State

CA

Borrower Zip

94612-3711

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

699750.00

Current Approval Amount

699750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5922

Servicing Lender Name

Summit Bank

Servicing Lender Address

2969 Broadway

Servicing Lender City

OAKLAND

Servicing Lender State

CA

Servicing Lender Zip

94611-5710

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OAKLAND

Project County Name

ALAMEDA

Project State

CA

Project Zip

94612-3711

CD

CA-12

Jobs Reported

34

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

699750.00

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

5922

Originating Lender

Summit Bank

Originating Lender City

OAKLAND

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

693562.78

Forgiveness Date

11/03/2020

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