PPP Loan information for Improving economies for stronger communities

$997,500

Improving economies for stronger communities was initially approved for PPP Loan of amount $997,500, the current approved amount is $997,500. The loan was approved on 04/08/2020 by The City National Bank reported 34 jobs and $997,500 was used to fund payroll.

Improving economies for stronger communities is Existing or more than 2 years old

IMPROVING ECONOMIES FOR STRONGER COMMUNITIES

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

IMPROVING ECONOMIES FOR STRONGER COMMUNITIES

Borrower Address

1900 M Street NW Suite 500

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20036-3501

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

997500.00

Current Approval Amount

997500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20036-3501

CD

DC-

Jobs Reported

34

NAICS Code

923110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

997500.00

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

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

360926.72

Forgiveness Date

07/06/2021

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