PPP Loan information for Cooperative housing foundation

$1,950,000

Cooperative housing foundation was initially approved for PPP Loan of amount $2,175,381, the current approved amount is $1,950,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 104 jobs and $1,950,000 was used to fund payroll.

Cooperative housing foundation is New Business or 2 years or less

PPP Loan Search / MD / Silver Spring / Cooperative housing foundation

COOPERATIVE HOUSING FOUNDATION

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

COOPERATIVE HOUSING FOUNDATION

Borrower Address

8601 Georgia Ave Ste 800

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20910

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2175381.00

Current Approval Amount

1950000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20910-0001

CD

MD-08

Jobs Reported

104

NAICS Code

541910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1950000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1967416.44

Forgiveness Date

03/31/2021

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