PPP Loan information for Montgomery association for retarded citizens

$700,670

Montgomery association for retarded citizens was initially approved for PPP Loan of amount $700,670, the current approved amount is $700,670. The loan was approved on 04/09/2020 by The Valley National Bank reported 174 jobs and $700,670 was used to fund payroll.

Montgomery association for retarded citizens is Existing or more than 2 years old

MONTGOMERY ASSOCIATION FOR RETARDED CITIZENS

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MONTGOMERY ASSOCIATION FOR RETARDED CITIZENS

Borrower Address

527 Buckingham Drive

Borrower City

MONTGOMERY

Borrower State

AL

Borrower Zip

36116-2738

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

700670.00

Current Approval Amount

700670.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36116-2738

CD

AL-07

Jobs Reported

174

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

700670.00

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

Non-Profit Organization

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

707949.18

Forgiveness Date

04/27/2021

;