PPP Loan information for The advancement foundation

$44,973

The advancement foundation was initially approved for PPP Loan of amount $44,973, the current approved amount is $44,973. The loan was approved on 04/28/2020 by The Cross River Bank reported 7 jobs and $44,973 was used to fund payroll.

The advancement foundation is Existing or more than 2 years old

THE ADVANCEMENT FOUNDATION

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE ADVANCEMENT FOUNDATION

Borrower Address

227 S Pollard St

Borrower City

Vinton

Borrower State

VA

Borrower Zip

24179

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44973.00

Current Approval Amount

44973.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vinton

Project County Name

ROANOKE

Project State

VA

Project Zip

24179-0001

CD

VA-06

Jobs Reported

7

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44973.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

45655.60

Forgiveness Date

11/17/2021

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