PPP Loan information for Innovations for poverty action a nonprofit corporation

$1,455,800

Innovations for poverty action a nonprofit corporation was initially approved for PPP Loan of amount $1,455,800, the current approved amount is $1,455,800. The loan was approved on 05/18/2021 by The Citibank, N.A. reported 117 jobs and $1,455,800 was used to fund payroll.

Innovations for poverty action a nonprofit corporation is Existing or more than 2 years old

INNOVATIONS FOR POVERTY ACTION A NONPROFIT CORPORATION

Date Approved

05/18/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

INNOVATIONS FOR POVERTY ACTION A NONPROFIT CORPORATION

Borrower Address

1440 G St NW

Borrower City

Washington

Borrower State

DC

Borrower Zip

20005-2001

Loan Status Date

08/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1455800.00

Current Approval Amount

1455800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

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

20005-2001

CD

DC-

Jobs Reported

117

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1455798.00

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

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1472824.77

Forgiveness Date

07/25/2022

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