PPP Loan information for The launchcode foundation

$1,955,900

The launchcode foundation was initially approved for PPP Loan of amount $1,955,900, the current approved amount is $1,955,900. The loan was approved on 04/11/2020 by The Commerce Bank reported 162 jobs and $1,955,900 was used to fund payroll.

The launchcode foundation is Existing or more than 2 years old

THE LAUNCHCODE FOUNDATION

Date Approved

04/11/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

THE LAUNCHCODE FOUNDATION

Borrower Address

4811 DELMAR BLVD

Borrower City

SAINT LOUIS

Borrower State

MO

Borrower Zip

63108-1721

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1955900.00

Current Approval Amount

1955900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT LOUIS

Project County Name

SAINT LOUIS CITY

Project State

MO

Project Zip

63108-1721

CD

MO-01

Jobs Reported

162

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1955900.00

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1977903.88

Forgiveness Date

05/27/2021

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