Founders Management II Corporation

$2,000,000 PPP Loan in Foster City, California

Loan Details

Loan Number
4862958409
Date Approved
Feb 7, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,020,333
Forgiveness Date
Feb 18, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Founders Management II Corporation
Address
1221 Chess Dr
ZIP Code
94404-1173
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Crowne Plaza
Business Age
Existing or more than 2 years old
Jobs Reported
203
Estimated Revenue
$63.5M
Rural/Urban
Urban
Congressional District
CA-15

Loan Use Breakdown

Payroll
$1,999,994
Utilities
$1

Lender Information

Servicing Lender
East West Bank
Originating Lender
East West Bank

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