PPP Loan information for The avascent group, ltd

$2,082,700

The avascent group, ltd was initially approved for PPP Loan of amount $2,082,800, the current approved amount is $2,082,700. The loan was approved on 04/07/2020 by The Sandy Spring Bank reported 104 jobs and $2,082,700 was used to fund payroll.

The avascent group, ltd is Existing or more than 2 years old

PPP Loan Search / DC / WASHINGTON / The avascent group, ltd

THE AVASCENT GROUP, LTD

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

THE AVASCENT GROUP, LTD

Borrower Address

1615 L Street, NW Suite 1200

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20036-5597

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2082800.00

Current Approval Amount

2082700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20036-5597

CD

DC-

Jobs Reported

104

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2082700.00

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

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2111743.68

Forgiveness Date

09/08/2021

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