The Academy of Model Aeronautics, Inc.
$643,800 PPP Loan in Muncie, Indiana
Loan Details
- Loan Number
- 2278137100
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $643,800
- Current Approval
- $643,800
- Forgiveness Amount
- $647,512
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Academy of Model Aeronautics, Inc.
- Address
- 5161 Memorial Dr
- City
- Muncie
- State
- Indiana
- ZIP Code
- 47302-9050
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Arts, Entertainment, and Recreation (711310)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 50
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- IN-05
Loan Use Breakdown
- Payroll
- $510,132
- Utilities
- $64,383
- Health Care
- $69,285
Lender Information
- Servicing Lender
- Northwest Bank
- Originating Lender
- Northwest Bank
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