PPP Loan information for The root cause inc

$41,665

The root cause inc was initially approved for PPP Loan of amount $41,665, the current approved amount is $41,665. The loan was approved on 04/27/2020 by The Veritex Community Bank reported 2 jobs and $41,665 was used to fund payroll.

The root cause inc is Existing or more than 2 years old

THE ROOT CAUSE INC

Date Approved

04/27/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

THE ROOT CAUSE INC

Borrower Address

1312 MILLS COURT

Borrower City

ALLEN

Borrower State

TX

Borrower Zip

75013-0000

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41665.00

Current Approval Amount

41665.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

368915

Servicing Lender Name

Veritex Community Bank

Servicing Lender Address

8214 Westchester Dr Ste 800

Servicing Lender City

Dallas

Servicing Lender State

TX

Servicing Lender Zip

75225

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALLEN

Project County Name

COLLIN

Project State

TX

Project Zip

75013-0001

CD

TX-03

Jobs Reported

2

NAICS Code

813212

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41665.00

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

368915

Originating Lender

Veritex Community Bank

Originating Lender City

Dallas

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

42046.26

Forgiveness Date

04/02/2021

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