PPP Loan information for Foundation preparatory inc

$266,000

Foundation preparatory inc was initially approved for PPP Loan of amount $266,000, the current approved amount is $266,000. The loan was approved on 04/27/2020 by The Hope Enterprise Corporation reported 38 jobs and $266,000 was used to fund payroll.

Foundation preparatory inc is New Business or 2 years or less

PPP Loan Search / LA / New Orleans / Foundation preparatory inc

FOUNDATION PREPARATORY INC

Date Approved

04/27/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

FOUNDATION PREPARATORY INC

Borrower Address

3121 Saint Bernard Ave

Borrower City

New Orleans

Borrower State

LA

Borrower Zip

70119-1916

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

266000.00

Current Approval Amount

266000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

487365

Servicing Lender Name

Hope Enterprise Corporation

Servicing Lender Address

4 Old River Place

Servicing Lender City

Jackson

Servicing Lender State

MS

Servicing Lender Zip

39202

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

New Orleans

Project County Name

ORLEANS

Project State

LA

Project Zip

70119-1916

CD

LA-02

Jobs Reported

38

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

266000.00

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

487365

Originating Lender

Hope Enterprise Corporation

Originating Lender City

Jackson

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

268756.06

Forgiveness Date

05/10/2021

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