PPP Loan information for Commonlit inc

$625,885

Commonlit inc was initially approved for PPP Loan of amount $625,885, the current approved amount is $625,885. The loan was approved on 02/03/2021 by The PNC Bank, National Association reported 39 jobs and $625,885 was used to fund payroll.

Commonlit inc is Existing or more than 2 years old

PPP Loan Search / DC / Washington / Commonlit inc

COMMONLIT INC

Date Approved

02/03/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

COMMONLIT INC

Borrower Address

660 Pennsylvania Ave SE Ste 302

Borrower City

Washington

Borrower State

DC

Borrower Zip

20003-4355

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

625885.00

Current Approval Amount

625885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20003-4355

CD

DC-

Jobs Reported

39

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

625882.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

630822.54

Forgiveness Date

11/16/2021

;