PPP Loan information for Workforce development institute inc.

$610,000

Workforce development institute inc. was initially approved for PPP Loan of amount $610,000, the current approved amount is $610,000. The loan was approved on 02/09/2021 by The Pioneer Bank reported 29 jobs and $610,000 was used to fund payroll.

Workforce development institute inc. is Existing or more than 2 years old

PPP Loan Search / NY / Albany / Workforce development institute inc.

WORKFORCE DEVELOPMENT INSTITUTE INC.

Date Approved

02/09/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

WORKFORCE DEVELOPMENT INSTITUTE INC.

Borrower Address

96 S Swan St

Borrower City

Albany

Borrower State

NY

Borrower Zip

12210-1939

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

610000.00

Current Approval Amount

610000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50271

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

652 Albany Shaker Rd

Servicing Lender City

ALBANY

Servicing Lender State

NY

Servicing Lender Zip

12211

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albany

Project County Name

ALBANY

Project State

NY

Project Zip

12210-1939

CD

NY-20

Jobs Reported

29

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

610000.00

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

50271

Originating Lender

Pioneer Bank

Originating Lender City

ALBANY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

614428.77

Forgiveness Date

11/05/2021

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