PPP Loan information for Foundation communities

$3,409,500

Foundation communities was initially approved for PPP Loan of amount $3,409,500, the current approved amount is $3,409,500. The loan was approved on 04/06/2020 by The University FCU reported 274 jobs and $3,409,500 was used to fund payroll.

Foundation communities is Existing or more than 2 years old

FOUNDATION COMMUNITIES

Date Approved

04/06/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

FOUNDATION COMMUNITIES

Borrower Address

3000 S IH 35

Borrower City

AUSTIN

Borrower State

TX

Borrower Zip

78704-6536

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3409500.00

Current Approval Amount

3409500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

106661

Servicing Lender Name

University FCU

Servicing Lender Address

8303 N Mopac Expwy, Ste A-105

Servicing Lender City

AUSTIN

Servicing Lender State

TX

Servicing Lender Zip

78759

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUSTIN

Project County Name

TRAVIS

Project State

TX

Project Zip

78704-6536

CD

TX-21

Jobs Reported

274

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3409500.00

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

106661

Originating Lender

University FCU

Originating Lender City

AUSTIN

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3448235.71

Forgiveness Date

05/25/2021

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