PPP Loan information for Momentous institute

$1,846,018

Momentous institute was initially approved for PPP Loan of amount $1,846,018, the current approved amount is $1,846,018. The loan was approved on 04/27/2020 by The Liberty Capital Bank reported 117 jobs and $1,846,018 was used to fund payroll.

Momentous institute is Existing or more than 2 years old

MOMENTOUS INSTITUTE

Date Approved

04/27/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

MOMENTOUS INSTITUTE

Borrower Address

106 E Tenth St

Borrower City

DALLAS

Borrower State

TX

Borrower Zip

75203-2236

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1846017.92

Current Approval Amount

1846017.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

458821

Servicing Lender Name

Liberty Capital Bank

Servicing Lender Address

5055 Keller Springs Rd, #120 Liberty Plaza I

Servicing Lender City

ADDISON

Servicing Lender State

TX

Servicing Lender Zip

75001-5997

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DALLAS

Project County Name

DALLAS

Project State

TX

Project Zip

75203-2236

CD

TX-33

Jobs Reported

117

NAICS Code

611699

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1846017.92

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

458821

Originating Lender

Liberty Capital Bank

Originating Lender City

ADDISON

Originating Lender State

TX

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1860068.17

Forgiveness Date

02/09/2021

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