PPP Loan information for Avalon development corporation

$453,874

Avalon development corporation was initially approved for PPP Loan of amount $453,874, the current approved amount is $453,874. The loan was approved on 06/05/2020 by The Northrim Bank reported 25 jobs and $453,874 was used to fund payroll.

Avalon development corporation is Existing or more than 2 years old

AVALON DEVELOPMENT CORPORATION

Date Approved

06/05/2020

SBA Office Code

1084

Processing Method

PPP

Borrower Name

AVALON DEVELOPMENT CORPORATION

Borrower Address

130 Goldstream Road

Borrower City

FAIRBANKS

Borrower State

AK

Borrower Zip

99712-1005

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

453873.65

Current Approval Amount

453873.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116975

Servicing Lender Name

Northrim Bank

Servicing Lender Address

3111 'C' St

Servicing Lender City

ANCHORAGE

Servicing Lender State

AK

Servicing Lender Zip

99503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRBANKS

Project County Name

FAIRBANKS NORTH STAR

Project State

AK

Project Zip

99712-1005

CD

AK-

Jobs Reported

25

NAICS Code

213115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

453873.65

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

Subchapter S Corporation

Originating Lender Location Id

116975

Originating Lender

Northrim Bank

Originating Lender City

ANCHORAGE

Originating Lender State

AK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113810.52

Forgiveness Date

09/07/2021

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