# PPP loan: FOUNDATION PROPERTIES
> **$2.48M** approved 04/06/2020 · Paid in Full · Loan `5830337001`
## Borrower
- **Name:** FOUNDATION PROPERTIES
- **Address:** C9360 E. Central, Suite 102, WICHITA, KS, 67206-2560
- **NAICS:** 623110
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.48M
- **Initial approval:** $2.48M
- **Forgiven:** $2.51M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.05M
- **Rent:** $281K
- **Mortgage interest:** $20K
- **Utilities:** $131K
- **Jobs reported:** 427
## Lender
- **Originating:** The Citizens National Bank
- **Servicing:** The Citizens National Bank (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*