PPP Loan information for Drexel foundation for educational excellence inc

Date Approved

05/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DREXEL FOUNDATION FOR EDUCATIONAL EXCELLENCE INC

Borrower Address

3401 W 5th Ave

Borrower City

Gary

Borrower State

IN

Borrower Zip

46406-1727

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1111000.00

Current Approval Amount

1111000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

521923

Servicing Lender Name

immito, LLC

Servicing Lender Address

12650 W. 64th Avenue Suite 474

Servicing Lender City

Arvada

Servicing Lender State

CO

Servicing Lender Zip

80004

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gary

Project County Name

LAKE

Project State

IN

Project Zip

46406-1727

CD

IN-01

Jobs Reported

92

NAICS Code

611110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1111000.00

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

521923

Originating Lender

immito, LLC

Originating Lender City

Arvada

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1121801.39

Forgiveness Date

05/03/2021