PPP Loan information for The springboard center

$505,300

The springboard center was initially approved for PPP Loan of amount $505,300, the current approved amount is $505,300. The loan was approved on 04/14/2020 by The Prosperity Bank reported 48 jobs and $505,300 was used to fund payroll.

The springboard center is Existing or more than 2 years old

THE SPRINGBOARD CENTER

Date Approved

04/14/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

THE SPRINGBOARD CENTER

Borrower Address

200 CORPORATE DR

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79705-4621

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

505300.00

Current Approval Amount

505300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79705-4621

CD

TX-11

Jobs Reported

48

NAICS Code

623220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

505300.00

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

508205.47

Forgiveness Date

11/12/2020

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