PPP Loan information for Council on foundations, inc.

$720,300

Council on foundations, inc. was initially approved for PPP Loan of amount $720,300, the current approved amount is $720,300. The loan was approved on 05/11/2020 by The Loan Source Incorporated reported 23 jobs and $720,300 was used to fund payroll.

Council on foundations, inc. is Existing or more than 2 years old

COUNCIL ON FOUNDATIONS, INC.

Date Approved

05/11/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

COUNCIL ON FOUNDATIONS, INC.

Borrower Address

1255 23rd St NW, Suite 200

Borrower City

Washington

Borrower State

DC

Borrower Zip

20037-1152

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

720300.00

Current Approval Amount

720300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

20037-1152

CD

DC-

Jobs Reported

23

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

720300.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

731094.63

Forgiveness Date

11/15/2021

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