PPP borrower record

THE ACADEMY OF MODEL AERONAUTICS, INC. PPP loan record

Public SBA PPP loan record for THE ACADEMY OF MODEL AERONAUTICS, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$643,800
Approved amount
$637,429
Forgiven amount
2020-04-10
Date approved

Borrower and loan details

Borrower
THE ACADEMY OF MODEL AERONAUTICS, INC.
Loan number
2278137100
Business type
Non-Profit Organization
Business age
New Business or 2 years or less
Borrower city
Muncie
Borrower state
Indiana
Borrower ZIP
47302
Jobs reported
50
Loan status
Paid in Full
Forgiveness date
2020-11-12
Servicing lender
Northwest Bank
Originating lender
Northwest Bank

Reported use of proceeds

Payroll
$510,132
Rent
N/A
Utilities
$64,383
Mortgage interest
N/A
Health care
$69,285
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.