PPP Loan information for Lao family community development incorp

$671,326

Lao family community development incorp was initially approved for PPP Loan of amount $671,326, the current approved amount is $671,326. The loan was approved on 05/08/2020 by The Wells Fargo Bank, National Association reported 45 jobs and $671,326 was used to fund payroll.

Lao family community development incorp is Existing or more than 2 years old

LAO FAMILY COMMUNITY DEVELOPMENT INCORP

Date Approved

05/08/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

LAO FAMILY COMMUNITY DEVELOPMENT INCORP

Borrower Address

2325 E 12TH

Borrower City

OAKLAND

Borrower State

CA

Borrower Zip

94601

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

671326.00

Current Approval Amount

671326.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OAKLAND

Project County Name

ALAMEDA

Project State

CA

Project Zip

94601-0001

CD

CA-12

Jobs Reported

45

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

671326.00

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

Non-Profit Organization

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

678554.25

Forgiveness Date

06/10/2021

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