525 FOUNDATION INC. (IN) - 2020 PPP Loan Borrower Profile (# 9505897108)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 525 FOUNDATION INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Indiana.
Loan Detail
Loan Number
9505897108
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$14,062.5
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$14,285.57
Date Loan was Forgiven
Nov 26, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
14,062.5
Lender
Everwise Credit Union
Business Detail
Business Type
Non-Profit Organization
NAICS
813211
Borrower Location
SOUTH BEND, IN
Project Location
SOUTH BEND, IN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
2
Business Age Description
New Business or 2 years or less
Data Source: SBA.