PPP Loan information for The new foster care inc

$103,000

The new foster care inc was initially approved for PPP Loan of amount $103,000, the current approved amount is $103,000. The loan was approved on 04/16/2020 by The Community Choice CU reported 6 jobs and $103,000 was used to fund payroll.

The new foster care inc is Existing or more than 2 years old

THE NEW FOSTER CARE INC

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE NEW FOSTER CARE INC

Borrower Address

1605 S TELEGRAPH RD

Borrower City

BLOOMFIELD HILLS

Borrower State

MI

Borrower Zip

48302-0044

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103000.00

Current Approval Amount

103000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99304

Servicing Lender Name

Community Choice CU

Servicing Lender Address

31155 Northwestern Hwy, Ste 188

Servicing Lender City

FARMINGTON HILLS

Servicing Lender State

MI

Servicing Lender Zip

48334-2503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMFIELD HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48302-0044

CD

MI-11

Jobs Reported

6

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

103000.00

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

99304

Originating Lender

Community Choice CU

Originating Lender City

FARMINGTON HILLS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

103723.86

Forgiveness Date

01/07/2021

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