PPP Loan information for 50can inc

$1,063,895

50can inc was initially approved for PPP Loan of amount $1,063,895, the current approved amount is $1,063,895. The loan was approved on 04/03/2021 by The Wells Fargo Bank, National Association reported 40 jobs and $1,063,895 was used to fund payroll.

50can inc is Existing or more than 2 years old

50CAN INC

Date Approved

04/03/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

50CAN INC

Borrower Address

1625 K St NW Ste 400

Borrower City

Washington

Borrower State

DC

Borrower Zip

20006-1645

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1063895.00

Current Approval Amount

1063895.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20006-1645

CD

DC-

Jobs Reported

40

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1063892.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1074155.03

Forgiveness Date

03/28/2022

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