PPP Loan information for Foundation systems inc

$245,000

Foundation systems inc was initially approved for PPP Loan of amount $245,000, the current approved amount is $245,000. The loan was approved on 04/13/2020 by The Zions Bank, A Division of reported 16 jobs and $245,000 was used to fund payroll.

Foundation systems inc is Existing or more than 2 years old

FOUNDATION SYSTEMS INC

Date Approved

04/13/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

FOUNDATION SYSTEMS INC

Borrower Address

890 East 700 North

Borrower City

AMERICAN FORK

Borrower State

UT

Borrower Zip

84003-1321

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

245000.00

Current Approval Amount

245000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMERICAN FORK

Project County Name

UTAH

Project State

UT

Project Zip

84003-1321

CD

UT-03

Jobs Reported

16

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

245000.00

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

Subchapter S Corporation

Originating Lender Location Id

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

248698.49

Forgiveness Date

10/21/2021

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