Delaware Advancement Corporation

$319,000 PPP Loan in Muncie, Indiana

Loan Details

Loan Number
2385997106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$319,000
Current Approval
$319,000
Forgiveness Amount
$321,569
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Delaware Advancement Corporation
Address
401 S High St
City
Muncie
State
Indiana
ZIP Code
47305-2300
Business Type
Non-Profit Organization
Industry (NAICS)
Arts, Entertainment, and Recreation (711310)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
IN-05

Loan Use Breakdown

Payroll
$30,000
Utilities
$36,000
Health Care
$253,000

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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