PPP Loan information for El futuro inc.

$394,670

El futuro inc. was initially approved for PPP Loan of amount $394,670, the current approved amount is $394,670. The loan was approved on 03/13/2021 by The Truist Bank reported 41 jobs and $394,670 was used to fund payroll.

El futuro inc. is Existing or more than 2 years old

PPP Loan Search / NC / Durham / El futuro inc.

EL FUTURO INC.

Date Approved

03/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

EL FUTURO INC.

Borrower Address

2020 Chapel Hill Rd Ste 23

Borrower City

Durham

Borrower State

NC

Borrower Zip

27707-1186

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

394670.00

Current Approval Amount

394670.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27707-1186

CD

NC-04

Jobs Reported

41

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

394667.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

400261.16

Forgiveness Date

08/11/2022

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