PPP Loan information for Friends of the cultural center inc.

$880,729

Friends of the cultural center inc. was initially approved for PPP Loan of amount $880,729, the current approved amount is $880,729. The loan was approved on 02/05/2021 by The FirstBank reported 87 jobs and $880,729 was used to fund payroll.

Friends of the cultural center inc. is Existing or more than 2 years old

PPP Loan Search / CA / Palm Desert / Friends of the cultural center inc.

FRIENDS OF THE CULTURAL CENTER INC.

Date Approved

02/05/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

FRIENDS OF THE CULTURAL CENTER INC.

Borrower Address

73000 Fred Waring Dr

Borrower City

Palm Desert

Borrower State

CA

Borrower Zip

92260-2800

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

880729.00

Current Approval Amount

880729.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15596

Servicing Lender Name

FirstBank

Servicing Lender Address

10403 W Colfax Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

CO

Servicing Lender Zip

80215-3811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Palm Desert

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92260-2800

CD

CA-41

Jobs Reported

87

NAICS Code

711310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

880725.00

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

Subchapter S Corporation

Originating Lender Location Id

15596

Originating Lender

FirstBank

Originating Lender City

LAKEWOOD

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

888239.66

Forgiveness Date

12/14/2021

;