PPP Loan information for 50can inc

$994,209

50can inc was initially approved for PPP Loan of amount $994,209, the current approved amount is $994,209. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 67 jobs and $994,209 was used to fund payroll.

50can inc is Existing or more than 2 years old

50CAN INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

50CAN INC

Borrower Address

1625 K STREET NW STE 400

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20006

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

994209.00

Current Approval Amount

994209.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20006-1000

CD

DC-

Jobs Reported

67

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

994209.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1001508.95

Forgiveness Date

02/01/2021

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