PPP Loan information for Opportunity fund community development

$2,556,948

Opportunity fund community development was initially approved for PPP Loan of amount $2,556,948, the current approved amount is $2,556,948. The loan was approved on 04/12/2020 by The Beneficial State Bank reported 124 jobs and $2,556,948 was used to fund payroll.

Opportunity fund community development is Existing or more than 2 years old

OPPORTUNITY FUND COMMUNITY DEVELOPMENT

Date Approved

04/12/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

OPPORTUNITY FUND COMMUNITY DEVELOPMENT

Borrower Address

111 West Saint John St Suite 800

Borrower City

San Jose

Borrower State

CA

Borrower Zip

95113-1103

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2556948.00

Current Approval Amount

2556948.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448130

Servicing Lender Name

Beneficial State Bank

Servicing Lender Address

1438 Webster St, Ste 100

Servicing Lender City

OAKLAND

Servicing Lender State

CA

Servicing Lender Zip

94612-3229

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

San Jose

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95113-1103

CD

CA-18

Jobs Reported

124

NAICS Code

523999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2556948.00

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

448130

Originating Lender

Beneficial State Bank

Originating Lender City

OAKLAND

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2592114.79

Forgiveness Date

09/08/2021

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