PPP Loan information for Foundation for national progress

$1,947,941

Foundation for national progress was initially approved for PPP Loan of amount $1,947,941, the current approved amount is $1,947,941. The loan was approved on 02/25/2021 by The Beneficial State Bank reported 95 jobs and $1,947,941 was used to fund payroll.

Foundation for national progress is Existing or more than 2 years old

FOUNDATION FOR NATIONAL PROGRESS

Date Approved

02/25/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

FOUNDATION FOR NATIONAL PROGRESS

Borrower Address

222 Sutter St Ste 600

Borrower City

San Francisco

Borrower State

CA

Borrower Zip

94108-4457

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1947941.22

Current Approval Amount

1947941.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448130

Servicing Lender Name

Beneficial State Bank

Servicing Lender Address

1438 Webster St, Ste 100

Servicing Lender City

OAKLAND

Servicing Lender State

CA

Servicing Lender Zip

94612-3229

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

San Francisco

Project County Name

SAN FRANCISCO

Project State

CA

Project Zip

94108-4457

CD

CA-11

Jobs Reported

95

NAICS Code

511120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1947938.22

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

448130

Originating Lender

Beneficial State Bank

Originating Lender City

OAKLAND

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1960376.02

Forgiveness Date

10/22/2021

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