American Correctional Assoc

$562,500 PPP Loan in Alexandria, Virginia

Loan Details

Loan Number
9808098304
Date Approved
Jan 31, 2021
Loan Status
Paid in Full
Initial Approval
$562,500
Current Approval
$562,500
Forgiveness Amount
$567,801
Forgiveness Date
Jan 18, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
American Correctional Assoc
Address
206 N Washington St Ste 200
ZIP Code
22314-2528
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
$562,496
Utilities
$1

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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