PPP Loan information for Lula rich educational foundation inc

$245,100

Lula rich educational foundation inc was initially approved for PPP Loan of amount $245,100, the current approved amount is $245,100. The loan was approved on 04/04/2020 by The First National Bank of Clarksdale reported 35 jobs and $245,100 was used to fund payroll.

Lula rich educational foundation inc is Existing or more than 2 years old

PPP Loan Search / MS / CLARKSDALE / Lula rich educational foundation inc

LULA RICH EDUCATIONAL FOUNDATION INC

Date Approved

04/04/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

LULA RICH EDUCATIONAL FOUNDATION INC

Borrower Address

415 Lee Drive

Borrower City

CLARKSDALE

Borrower State

MS

Borrower Zip

38614-1906

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245100.00

Current Approval Amount

245100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39181

Servicing Lender Name

First National Bank of Clarksdale

Servicing Lender Address

402 E Second St

Servicing Lender City

CLARKSDALE

Servicing Lender State

MS

Servicing Lender Zip

38614-4412

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARKSDALE

Project County Name

COAHOMA

Project State

MS

Project Zip

38614-1906

CD

MS-02

Jobs Reported

35

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

245100.00

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

39181

Originating Lender

First National Bank of Clarksdale

Originating Lender City

CLARKSDALE

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

246475.28

Forgiveness Date

11/03/2020

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