PPP Loan information for Choice foundation

$1,888,900

Choice foundation was initially approved for PPP Loan of amount $1,888,900, the current approved amount is $1,888,900. The loan was approved on 04/27/2020 by The Hope Enterprise Corporation reported 213 jobs and $1,888,900 was used to fund payroll.

Choice foundation is New Business or 2 years or less

PPP Loan Search / LA / New Orleans / Choice foundation

CHOICE FOUNDATION

Date Approved

04/27/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

CHOICE FOUNDATION

Borrower Address

9330 Forshey St

Borrower City

New Orleans

Borrower State

LA

Borrower Zip

70118-1836

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1888900.00

Current Approval Amount

1888900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

487365

Servicing Lender Name

Hope Enterprise Corporation

Servicing Lender Address

4 Old River Place

Servicing Lender City

Jackson

Servicing Lender State

MS

Servicing Lender Zip

39202

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

New Orleans

Project County Name

ORLEANS

Project State

LA

Project Zip

70118-1836

CD

LA-02

Jobs Reported

213

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1888900.00

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

487365

Originating Lender

Hope Enterprise Corporation

Originating Lender City

Jackson

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1921955.75

Forgiveness Date

01/19/2022

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