PPP Loan information for Erc foundation, inc.

$427,998

Erc foundation, inc. was initially approved for PPP Loan of amount $427,998, the current approved amount is $427,998. The loan was approved on 04/12/2020 by The Riverside Bank reported 60 jobs and $427,998 was used to fund payroll.

Erc foundation, inc. is Existing or more than 2 years old

PPP Loan Search / AR / LITTLE ROCK / Erc foundation, inc.

ERC FOUNDATION, INC.

Date Approved

04/12/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ERC FOUNDATION, INC.

Borrower Address

#3 SHEPHERDS CV

Borrower City

LITTLE ROCK

Borrower State

AR

Borrower Zip

72205-7066

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

427998.32

Current Approval Amount

427998.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4774

Servicing Lender Name

Riverside Bank

Servicing Lender Address

103 W Main St

Servicing Lender City

SPARKMAN

Servicing Lender State

AR

Servicing Lender Zip

71763-8960

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LITTLE ROCK

Project County Name

PULASKI

Project State

AR

Project Zip

72205-7066

CD

AR-02

Jobs Reported

60

NAICS Code

623311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

427998.32

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

4774

Originating Lender

Riverside Bank

Originating Lender City

SPARKMAN

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

432032.06

Forgiveness Date

03/31/2021

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