PPP Loan information for The foundation schools, inc.

$1,350,000

The foundation schools, inc. was initially approved for PPP Loan of amount $1,350,000, the current approved amount is $1,350,000. The loan was approved on 04/10/2020 by The WesBanco Bank, Inc. reported 184 jobs and $1,350,000 was used to fund payroll.

The foundation schools, inc. is Existing or more than 2 years old

PPP Loan Search / MD / LARGO / The foundation schools, inc.

THE FOUNDATION SCHOOLS, INC.

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

THE FOUNDATION SCHOOLS, INC.

Borrower Address

1330 MCCORMICK DR

Borrower City

LARGO

Borrower State

MD

Borrower Zip

20774-5398

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1350000.00

Current Approval Amount

1350000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LARGO

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20774-5398

CD

MD-04

Jobs Reported

184

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1350000.00

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1359061.64

Forgiveness Date

12/22/2020

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