PPP Loan information for The family center inc.

$688,628

The family center inc. was initially approved for PPP Loan of amount $688,628, the current approved amount is $688,628. The loan was approved on 02/07/2021 by The Spring Bank reported 54 jobs and $688,628 was used to fund payroll.

The family center inc. is Existing or more than 2 years old

THE FAMILY CENTER INC.

Date Approved

02/07/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

THE FAMILY CENTER INC.

Borrower Address

493 Nostrand Ave

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11216-5117

Loan Status Date

01/14/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

688627.50

Current Approval Amount

688627.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

443431

Servicing Lender Name

Spring Bank

Servicing Lender Address

69 E 167th St

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10452-8206

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11216-5117

CD

NY-08

Jobs Reported

54

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

688622.50

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

443431

Originating Lender

Spring Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

701588.79

Forgiveness Date

12/30/2022

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