PPP Loan information for Foster electric corporation

$763,200

Foster electric corporation was initially approved for PPP Loan of amount $763,200, the current approved amount is $763,200. The loan was approved on 04/07/2020 by The CrossFirst Bank reported 11 jobs and $763,200 was used to fund payroll.

Foster electric corporation is Existing or more than 2 years old

PPP Loan Search / CO / COLORADO SPRINGS / Foster electric corporation

FOSTER ELECTRIC CORPORATION

Date Approved

04/07/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

FOSTER ELECTRIC CORPORATION

Borrower Address

1220 VALLEY ST

Borrower City

COLORADO SPRINGS

Borrower State

CO

Borrower Zip

80915-2806

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

763200.00

Current Approval Amount

763200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

450916

Servicing Lender Name

CrossFirst Bank

Servicing Lender Address

11440 Tomahawk Creek Pkwy

Servicing Lender City

LEAWOOD

Servicing Lender State

KS

Servicing Lender Zip

66211-2672

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLORADO SPRINGS

Project County Name

EL PASO

Project State

CO

Project Zip

80915-2806

CD

CO-05

Jobs Reported

11

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

763200.00

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

Corporation

Originating Lender Location Id

450916

Originating Lender

CrossFirst Bank

Originating Lender City

LEAWOOD

Originating Lender State

KS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

771542.93

Forgiveness Date

05/21/2021

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