PPP Loan information for Focus: hope

$1,917,152

Focus: hope was initially approved for PPP Loan of amount $1,917,152, the current approved amount is $1,917,152. The loan was approved on 04/06/2020 by The JPMorgan Chase Bank, National Association reported 230 jobs and $1,917,152 was used to fund payroll.

Focus: hope is Existing or more than 2 years old

FOCUS: HOPE

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FOCUS: HOPE

Borrower Address

1400 Oakman Boulevard

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48238-2848

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1917152.00

Current Approval Amount

1917152.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48238-2848

CD

MI-13

Jobs Reported

230

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

152169.00

Payroll Proceed

1437864.00

Mortgage Interest Proceed

25168.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

301951.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1938810.49

Forgiveness Date

06/01/2021

;