PPP Loan information for The associated recreation council

$2,021,000

The associated recreation council was initially approved for PPP Loan of amount $2,421,000, the current approved amount is $2,021,000. The loan was approved on 04/14/2020 by The Customers Bank reported 216 jobs and $2,021,000 was used to fund payroll.

The associated recreation council is Existing or more than 2 years old

PPP Loan Search / WA / Seattle / The associated recreation council

THE ASSOCIATED RECREATION COUNCIL

Date Approved

04/14/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

THE ASSOCIATED RECREATION COUNCIL

Borrower Address

8061 Densmore Avenue North

Borrower City

Seattle

Borrower State

WA

Borrower Zip

98103

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2421000.00

Current Approval Amount

2021000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Seattle

Project County Name

KING

Project State

WA

Project Zip

98103-0001

CD

WA-07

Jobs Reported

216

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2021000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2043480.16

Forgiveness Date

06/15/2021

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