PPP Loan information for Fundamentals child development center

$51,200

Fundamentals child development center was initially approved for PPP Loan of amount $51,200, the current approved amount is $51,200. The loan was approved on 04/09/2020 by The The Citizens Bank reported 16 jobs and $51,200 was used to fund payroll.

Fundamentals child development center is Existing or more than 2 years old

FUNDAMENTALS CHILD DEVELOPMENT CENTER

Date Approved

04/09/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

FUNDAMENTALS CHILD DEVELOPMENT CENTER

Borrower Address

209 N AUBURN AVE

Borrower City

FARMINGTON

Borrower State

NM

Borrower Zip

87401-8411

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51200.00

Current Approval Amount

51200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45784

Servicing Lender Name

The Citizens Bank

Servicing Lender Address

500 W Broadway

Servicing Lender City

FARMINGTON

Servicing Lender State

NM

Servicing Lender Zip

87401-5986

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

SAN JUAN

Project State

NM

Project Zip

87401-8411

CD

NM-03

Jobs Reported

16

NAICS Code

611110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3058.00

Payroll Proceed

43186.00

Mortgage Interest Proceed

0.00

Rent Proceed

4956.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45784

Originating Lender

The Citizens Bank

Originating Lender City

FARMINGTON

Originating Lender State

NM

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

51563.31

Forgiveness Date

12/31/2020

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