PPP Loan information for New foundations home for children

$715,687

New foundations home for children was initially approved for PPP Loan of amount $715,687, the current approved amount is $715,687. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 48 jobs and $715,687 was used to fund payroll.

New foundations home for children is Existing or more than 2 years old

NEW FOUNDATIONS HOME FOR CHILDREN

Date Approved

05/01/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

NEW FOUNDATIONS HOME FOR CHILDREN

Borrower Address

2300 STANDRIDGE ROAD

Borrower City

ANDERSON

Borrower State

SC

Borrower Zip

29625

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

715687.00

Current Approval Amount

715687.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

ANDERSON

Project County Name

ANDERSON

Project State

SC

Project Zip

29625-1100

CD

SC-03

Jobs Reported

48

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

715687.00

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

725392.89

Forgiveness Date

09/15/2021

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