PPP Loan information for Border region mhmr community center

$2,910,097

Border region mhmr community center was initially approved for PPP Loan of amount $8,258,970, the current approved amount is $2,910,097. The loan was approved on 04/15/2020 by The Falcon International Bank reported 336 jobs and $2,910,097 was used to fund payroll.

Border region mhmr community center is Existing or more than 2 years old

BORDER REGION MHMR COMMUNITY CENTER

Date Approved

04/15/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

BORDER REGION MHMR COMMUNITY CENTER

Borrower Address

1500 PAPPAS ST

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78041-1701

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8258970.00

Current Approval Amount

2910097.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110490

Servicing Lender Name

Falcon International Bank

Servicing Lender Address

7718 McPherson Rd

Servicing Lender City

LAREDO

Servicing Lender State

TX

Servicing Lender Zip

78045-2805

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAREDO

Project County Name

WEBB

Project State

TX

Project Zip

78041-1701

CD

TX-28

Jobs Reported

336

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2910097.25

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

110490

Originating Lender

Falcon International Bank

Originating Lender City

LAREDO

Originating Lender State

TX

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2943563.37

Forgiveness Date

06/11/2021

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