PPP Loan information for Promo fund

$58,400

Promo fund was initially approved for PPP Loan of amount $58,400, the current approved amount is $58,400. The loan was approved on 05/01/2020 by The Newtek Small Business Finance, Inc. reported 4 jobs and $58,400 was used to fund payroll.

Promo fund is Existing or more than 2 years old

PROMO FUND

Date Approved

05/01/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

PROMO FUND

Borrower Address

2200 Gravois Ave

Borrower City

St. Louis

Borrower State

MO

Borrower Zip

63104-2812

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58400.00

Current Approval Amount

58400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St. Louis

Project County Name

SAINT LOUIS CITY

Project State

MO

Project Zip

63104-2812

CD

MO-01

Jobs Reported

4

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58400.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

58849.36

Forgiveness Date

02/23/2021

;