AREA DEVELOPMENT PARTNERSHIP INC (MS) - 2020 PPP Loan Borrower Profile (# 6370298404)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AREA DEVELOPMENT PARTNERSHIP INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Mississippi.
Loan Detail
Loan Number
6370298404
SBA Office Code
0470
Processing Method
PPP
Curent Loan Amount
$202,142
Date Loan was Approved
Feb 10, 2021
Amount Forgiven
$204,207.73
Date Loan was Forgiven
Feb 25, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Payroll Proced
202,142
Lender
Cadence Bank
Business Detail
Business Type
501(c)6 ¿ Non Profit Membership
NAICS
813910
Borrower Location
Hattiesburg, MS
Project Location
Hattiesburg, MS
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
13
Business Age Description
Existing or more than 2 years old
Data Source: SBA.