PPP borrower record

INITIAL ASSET CORP PPP loan record

Public SBA PPP loan record for INITIAL ASSET CORP. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$102,925
Approved amount
N/A
Forgiven amount
2020-04-13
Date approved

Borrower and loan details

Borrower
INITIAL ASSET CORP
Loan number
5683067100
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Clayton
Borrower state
New York
Borrower ZIP
13624
Jobs reported
16
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
Watertown Savings Bank
Originating lender
Watertown Savings Bank

Reported use of proceeds

Payroll
$82,340
Rent
N/A
Utilities
$18,585
Mortgage interest
$2,000
Health care
N/A
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.