PPP Loan information for Democracy international, inc.

$709,568

Democracy international, inc. was initially approved for PPP Loan of amount $709,568, the current approved amount is $709,568. The loan was approved on 04/30/2020 by The Truist Bank reported 35 jobs and $709,568 was used to fund payroll.

Democracy international, inc. is Existing or more than 2 years old

DEMOCRACY INTERNATIONAL, INC.

Date Approved

04/30/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

DEMOCRACY INTERNATIONAL, INC.

Borrower Address

7600 WISCONSIN AVE Ste 1010

Borrower City

BETHESDA

Borrower State

MD

Borrower Zip

20814-3670

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

709568.00

Current Approval Amount

709568.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETHESDA

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20814-3670

CD

MD-08

Jobs Reported

35

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

709568.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

716092.08

Forgiveness Date

04/08/2021

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