PPP Loan information for U.s. development corp.

$361,800

U.s. development corp. was initially approved for PPP Loan of amount $361,800, the current approved amount is $361,800. The loan was approved on 04/10/2020 by The Civista Bank reported 49 jobs and $361,800 was used to fund payroll.

U.s. development corp. is Existing or more than 2 years old

U.S. DEVELOPMENT CORP.

Date Approved

04/10/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

U.S. DEVELOPMENT CORP.

Borrower Address

900 W. MAIN ST

Borrower City

KENT

Borrower State

OH

Borrower Zip

44240-2285

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

361800.00

Current Approval Amount

361800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58322

Servicing Lender Name

Civista Bank

Servicing Lender Address

100 E Water St

Servicing Lender City

SANDUSKY

Servicing Lender State

OH

Servicing Lender Zip

44870-2524

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KENT

Project County Name

PORTAGE

Project State

OH

Project Zip

44240-2285

CD

OH-14

Jobs Reported

49

NAICS Code

531312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

66701.73

Payroll Proceed

272359.08

Mortgage Interest Proceed

0.00

Rent Proceed

16568.86

Refinance EIDL Proceed

0.00

Health Care Proceed

6170.33

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58322

Originating Lender

Civista Bank

Originating Lender City

SANDUSKY

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

364835.10

Forgiveness Date

02/11/2021

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