PPP Loan information for Capital region community foundation

$142,500

Capital region community foundation was initially approved for PPP Loan of amount $142,500, the current approved amount is $142,500. The loan was approved on 04/11/2020 by The Horizon Bank reported 8 jobs and $142,500 was used to fund payroll.

Capital region community foundation is Existing or more than 2 years old

CAPITAL REGION COMMUNITY FOUNDATION

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CAPITAL REGION COMMUNITY FOUNDATION

Borrower Address

330 Marshall St, #300

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48912-2314

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

142500.00

Current Approval Amount

142500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

INGHAM

Project State

MI

Project Zip

48912-2314

CD

MI-07

Jobs Reported

8

NAICS Code

813211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

114000.00

Mortgage Interest Proceed

0.00

Rent Proceed

14250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14250.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

143417.47

Forgiveness Date

12/22/2020

;