PPP Loan information for La promesa foundation

$446,568

La promesa foundation was initially approved for PPP Loan of amount $446,568, the current approved amount is $446,568. The loan was approved on 01/28/2021 by The City Bank reported 30 jobs and $446,568 was used to fund payroll.

La promesa foundation is Existing or more than 2 years old

PPP Loan Search / TX / Midland / La promesa foundation

LA PROMESA FOUNDATION

Date Approved

01/28/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

LA PROMESA FOUNDATION

Borrower Address

1903 S Lamesa Rd

Borrower City

Midland

Borrower State

TX

Borrower Zip

79701-1706

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

446567.50

Current Approval Amount

446567.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71330

Servicing Lender Name

City Bank

Servicing Lender Address

5219 City Bank Pkwy

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79407-3544

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79701-1706

CD

TX-11

Jobs Reported

30

NAICS Code

515111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

446567.50

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

71330

Originating Lender

City Bank

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

407941.33

Forgiveness Date

12/17/2021

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