PPP Loan information for Youth empowerment project

$560,446

Youth empowerment project was initially approved for PPP Loan of amount $560,446, the current approved amount is $560,446. The loan was approved on 04/12/2020 by The First Horizon Bank reported 55 jobs and $560,446 was used to fund payroll.

Youth empowerment project is Existing or more than 2 years old

YOUTH EMPOWERMENT PROJECT

Date Approved

04/12/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

YOUTH EMPOWERMENT PROJECT

Borrower Address

1600 Oretha Castler Haley Blvd

Borrower City

NEW ORLEANS

Borrower State

LA

Borrower Zip

70113

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

560446.45

Current Approval Amount

560446.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ORLEANS

Project County Name

ORLEANS

Project State

LA

Project Zip

70113-1000

CD

LA-02

Jobs Reported

55

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

560446.45

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

567872.37

Forgiveness Date

08/10/2021

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