PPP Loan information for Initiative for a competitive inner city

$521,637

Initiative for a competitive inner city was initially approved for PPP Loan of amount $521,637, the current approved amount is $521,637. The loan was approved on 05/07/2020 by The Bank of America, National Association reported 37 jobs and $521,637 was used to fund payroll.

Initiative for a competitive inner city is Existing or more than 2 years old

PPP Loan Search / MA / ROXBURY / Initiative for a competitive inner city

INITIATIVE FOR A COMPETITIVE INNER CITY

Date Approved

05/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INITIATIVE FOR A COMPETITIVE INNER CITY

Borrower Address

56 WARREN ST STE 300

Borrower City

ROXBURY

Borrower State

MA

Borrower Zip

02119-3236

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

521637.00

Current Approval Amount

521637.00

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

Existing or more than 2 years old

Project City

ROXBURY

Project County Name

SUFFOLK

Project State

MA

Project Zip

02119-3236

CD

MA-07

Jobs Reported

37

NAICS Code

523920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

521637.00

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

526253.13

Forgiveness Date

03/31/2021

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