PPP Loan information for Galt foundation

$5,225,028

Galt foundation was initially approved for PPP Loan of amount $5,225,028, the current approved amount is $5,225,028. The loan was approved on 05/05/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $5,225,028 was used to fund payroll.

Galt foundation is Existing or more than 2 years old

GALT FOUNDATION

Date Approved

05/05/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

GALT FOUNDATION

Borrower Address

2405 Front Street NE, Suite 220

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97301

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5225028.00

Current Approval Amount

5225028.00

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

SALEM

Project County Name

MARION

Project State

OR

Project Zip

97301-0001

CD

OR-05

Jobs Reported

500

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5225028.00

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

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

5284483.01

Forgiveness Date

06/29/2021

;