PPP Loan information for Foundation for behavioral resources

$1,162,400

Foundation for behavioral resources was initially approved for PPP Loan of amount $1,162,400, the current approved amount is $1,162,400. The loan was approved on 04/28/2020 by The Comerica Bank reported 218 jobs and $1,162,400 was used to fund payroll.

Foundation for behavioral resources is Existing or more than 2 years old

FOUNDATION FOR BEHAVIORAL RESOURCES

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FOUNDATION FOR BEHAVIORAL RESOURCES

Borrower Address

600 S. Lincoln Street

Borrower City

Augusta

Borrower State

MI

Borrower Zip

49012-9758

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1162400.00

Current Approval Amount

1162400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Augusta

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49012-9758

CD

MI-06

Jobs Reported

218

NAICS Code

923110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

929947.20

Mortgage Interest Proceed

232452.80

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1171344.02

Forgiveness Date

02/03/2021

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