PPP Loan information for Black belt community foundation

$356,988

Black belt community foundation was initially approved for PPP Loan of amount $356,988, the current approved amount is $356,988. The loan was approved on 04/29/2020 by The Trustmark National Bank reported 70 jobs and $356,988 was used to fund payroll.

Black belt community foundation is Existing or more than 2 years old

BLACK BELT COMMUNITY FOUNDATION

Date Approved

04/29/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BLACK BELT COMMUNITY FOUNDATION

Borrower Address

609 LAUDERDALE ST

Borrower City

SELMA

Borrower State

AL

Borrower Zip

36701-4555

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

356988.00

Current Approval Amount

356988.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39334

Servicing Lender Name

Trustmark National Bank

Servicing Lender Address

248 E Capitol St

Servicing Lender City

JACKSON

Servicing Lender State

MS

Servicing Lender Zip

39201-2503

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SELMA

Project County Name

DALLAS

Project State

AL

Project Zip

36701-4555

CD

AL-07

Jobs Reported

70

NAICS Code

813211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

356988.00

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

76087.97

Forgiveness Date

08/26/2021

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