PPP Loan information for Multicultural institute

$111,718

Multicultural institute was initially approved for PPP Loan of amount $111,718, the current approved amount is $111,718. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 8 jobs and $111,718 was used to fund payroll.

Multicultural institute is Existing or more than 2 years old

MULTICULTURAL INSTITUTE

Date Approved

05/01/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

MULTICULTURAL INSTITUTE

Borrower Address

1920 SEVENTH STREET

Borrower City

BERKELEY

Borrower State

CA

Borrower Zip

94710

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111718.00

Current Approval Amount

111718.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BERKELEY

Project County Name

ALAMEDA

Project State

CA

Project Zip

94710-1002

CD

CA-12

Jobs Reported

8

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

111718.00

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

112721.93

Forgiveness Date

04/01/2021

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