PPP Loan information for Satellite affordable housing associates

$1,592,749

Satellite affordable housing associates was initially approved for PPP Loan of amount $1,608,905, the current approved amount is $1,592,749. The loan was approved on 04/10/2020 by The Farmers & Merchants Bank of Central California reported 96 jobs and $1,592,749 was used to fund payroll.

Satellite affordable housing associates is Existing or more than 2 years old

SATELLITE AFFORDABLE HOUSING ASSOCIATES

Date Approved

04/10/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

SATELLITE AFFORDABLE HOUSING ASSOCIATES

Borrower Address

1835 Alcatraz Ave

Borrower City

BERKELEY

Borrower State

CA

Borrower Zip

94703-2714

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1608905.00

Current Approval Amount

1592749.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5461

Servicing Lender Name

Farmers & Merchants Bank of Central California

Servicing Lender Address

121 W Pine St

Servicing Lender City

LODI

Servicing Lender State

CA

Servicing Lender Zip

95240-2110

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BERKELEY

Project County Name

ALAMEDA

Project State

CA

Project Zip

94703-2714

CD

CA-12

Jobs Reported

96

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1592749.00

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

5461

Originating Lender

Farmers & Merchants Bank of Central California

Originating Lender City

LODI

Originating Lender State

CA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1602349.13

Forgiveness Date

11/24/2020

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