PPP Loan information for Art center inc

$223,545

Art center inc was initially approved for PPP Loan of amount $223,545, the current approved amount is $223,545. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 23 jobs and $223,545 was used to fund payroll.

Art center inc is New Business or 2 years or less

ART CENTER INC

Date Approved

05/01/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

ART CENTER INC

Borrower Address

1126 PACIFIC AVE STE 101

Borrower City

TACOMA

Borrower State

WA

Borrower Zip

98402-4333

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223545.00

Current Approval Amount

223545.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

TACOMA

Project County Name

PIERCE

Project State

WA

Project Zip

98402-4333

CD

WA-06

Jobs Reported

23

NAICS Code

611519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

223545.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

225566.09

Forgiveness Date

03/31/2021

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