PPP Loan information for Abilities richmond, inc

$212,200

Abilities richmond, inc was initially approved for PPP Loan of amount $212,200, the current approved amount is $212,200. The loan was approved on 04/04/2020 by The First Bank Richmond reported 40 jobs and $212,200 was used to fund payroll.

Abilities richmond, inc is Existing or more than 2 years old

ABILITIES RICHMOND, INC

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ABILITIES RICHMOND, INC

Borrower Address

220 S 5TH ST

Borrower City

RICHMOND

Borrower State

IN

Borrower Zip

47374-5412

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

212200.00

Current Approval Amount

212200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79589

Servicing Lender Name

First Bank Richmond

Servicing Lender Address

20 N 9th St

Servicing Lender City

RICHMOND

Servicing Lender State

IN

Servicing Lender Zip

47374-3170

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

WAYNE

Project State

IN

Project Zip

47374-5412

CD

IN-06

Jobs Reported

40

NAICS Code

624120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5120.00

Payroll Proceed

189400.00

Mortgage Interest Proceed

0.00

Rent Proceed

8150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9530.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

79589

Originating Lender

First Bank Richmond

Originating Lender City

RICHMOND

Originating Lender State

IN

Gender

Female Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

213990.62

Forgiveness Date

02/16/2021

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