PPP Loan information for Ascellon corporation

$905,700

Ascellon corporation was initially approved for PPP Loan of amount $905,700, the current approved amount is $905,700. The loan was approved on 04/22/2021 by The Truist Bank reported 35 jobs and $905,700 was used to fund payroll.

Ascellon corporation is Existing or more than 2 years old

ASCELLON CORPORATION

Date Approved

04/22/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

ASCELLON CORPORATION

Borrower Address

8201 Corporate Dr Ste 1000

Borrower City

Landover

Borrower State

MD

Borrower Zip

20785-2266

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

905700.00

Current Approval Amount

905700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Landover

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20785-2266

CD

MD-04

Jobs Reported

35

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

905698.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

910555.56

Forgiveness Date

11/03/2021

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