PPP Loan information for Housing initiative partnership inc

$242,376

Housing initiative partnership inc was initially approved for PPP Loan of amount $259,978, the current approved amount is $242,376. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 19 jobs and $242,376 was used to fund payroll.

Housing initiative partnership inc is New Business or 2 years or less

HOUSING INITIATIVE PARTNERSHIP INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

HOUSING INITIATIVE PARTNERSHIP INC

Borrower Address

6525 BELCREST RD STE 555

Borrower City

HYATTSVILLE

Borrower State

MD

Borrower Zip

20782-2067

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259978.00

Current Approval Amount

242376.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HYATTSVILLE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20782-2067

CD

MD-04

Jobs Reported

19

NAICS Code

237210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

242376.00

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

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

244925.93

Forgiveness Date

05/27/2021

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