PPP Loan information for Asel art supply, inc

$488,200

Asel art supply, inc was initially approved for PPP Loan of amount $488,200, the current approved amount is $488,200. The loan was approved on 04/28/2020 by The City Bank reported 45 jobs and $488,200 was used to fund payroll.

Asel art supply, inc is Existing or more than 2 years old

PPP Loan Search / TX / LUBBOCK / Asel art supply, inc

ASEL ART SUPPLY, INC

Date Approved

04/28/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

ASEL ART SUPPLY, INC

Borrower Address

1305 UNIVERSITY AVE

Borrower City

LUBBOCK

Borrower State

TX

Borrower Zip

79401-3609

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

488200.00

Current Approval Amount

488200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71330

Servicing Lender Name

City Bank

Servicing Lender Address

5219 City Bank Pkwy

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79407-3544

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LUBBOCK

Project County Name

LUBBOCK

Project State

TX

Project Zip

79401-3609

CD

TX-19

Jobs Reported

45

NAICS Code

451211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

48820.00

Payroll Proceed

390560.00

Mortgage Interest Proceed

48820.00

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

71330

Originating Lender

City Bank

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

491766.57

Forgiveness Date

01/25/2021

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