PPP Loan information for Capitol education foundation

$477,053

Capitol education foundation was initially approved for PPP Loan of amount $477,053, the current approved amount is $477,053. The loan was approved on 04/15/2020 by The Hope Enterprise Corporation reported 35 jobs and $477,053 was used to fund payroll.

Capitol education foundation is New Business or 2 years or less

CAPITOL EDUCATION FOUNDATION

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

CAPITOL EDUCATION FOUNDATION

Borrower Address

1000 N 23RD ST

Borrower City

BATON ROUGE

Borrower State

LA

Borrower Zip

70802-3337

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

477053.00

Current Approval Amount

477053.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

487365

Servicing Lender Name

Hope Enterprise Corporation

Servicing Lender Address

4 Old River Place

Servicing Lender City

Jackson

Servicing Lender State

MS

Servicing Lender Zip

39202

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BATON ROUGE

Project County Name

EAST BATON ROUGE

Project State

LA

Project Zip

70802-3337

CD

LA-02

Jobs Reported

35

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17388.14

Payroll Proceed

459664.86

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

487365

Originating Lender

Hope Enterprise Corporation

Originating Lender City

Jackson

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

482684.88

Forgiveness Date

06/15/2021

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