PPP Loan information for Council for professional recognition (the)

$865,000

Council for professional recognition (the) was initially approved for PPP Loan of amount $865,000, the current approved amount is $865,000. The loan was approved on 04/09/2021 by The Bank of America, National Association reported 61 jobs and $865,000 was used to fund payroll.

Council for professional recognition (the) is Existing or more than 2 years old

COUNCIL FOR PROFESSIONAL RECOGNITION (THE)

Date Approved

04/09/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

COUNCIL FOR PROFESSIONAL RECOGNITION (THE)

Borrower Address

2460 16th St NW

Borrower City

Washington

Borrower State

DC

Borrower Zip

20009-3547

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

865000.00

Current Approval Amount

865000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

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

20009-3547

CD

DC-

Jobs Reported

61

NAICS Code

611710

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

865000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

870948.36

Forgiveness Date

12/23/2021

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