PPP Loan information for The foundation of the world inc

$50,000

The foundation of the world inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 02/25/2021 by The Bank of America, National Association reported 7 jobs and $50,000 was used to fund payroll.

The foundation of the world inc is Existing or more than 2 years old

THE FOUNDATION OF THE WORLD INC

Date Approved

02/25/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

THE FOUNDATION OF THE WORLD INC

Borrower Address

15216 SW 38th St

Borrower City

Davie

Borrower State

FL

Borrower Zip

33331-2754

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Davie

Project County Name

BROWARD

Project State

FL

Project Zip

33331-2754

CD

FL-25

Jobs Reported

7

NAICS Code

611699

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

50256.16

Forgiveness Date

09/01/2021

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