PPP Loan information for Village of promise

$122,385

Village of promise was initially approved for PPP Loan of amount $122,385, the current approved amount is $122,385. The loan was approved on 04/27/2020 by The Cadence Bank reported 21 jobs and $122,385 was used to fund payroll.

Village of promise is Existing or more than 2 years old

VILLAGE OF PROMISE

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

VILLAGE OF PROMISE

Borrower Address

2700 FAIRBANKS ST

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35816-2432

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122385.30

Current Approval Amount

122385.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35816-2432

CD

AL-05

Jobs Reported

21

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

122385.30

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

123510.56

Forgiveness Date

04/13/2021

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