American Correctional Association

$562,500 PPP Loan in Alexandria, Virginia

Loan Details

Loan Number
4694637302
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$562,500
Current Approval
$562,500
Forgiveness Amount
$568,449
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
American Correctional Association
Address
206 N Washington Street Suite 200
ZIP Code
22314
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561920)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$6.6M
Rural/Urban
Urban
Congressional District
VA-08

Loan Use Breakdown

Payroll
$562,500

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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