PPP Loan information for Institute for market transformation

$486,500

Institute for market transformation was initially approved for PPP Loan of amount $486,500, the current approved amount is $486,500. The loan was approved on 04/27/2020 by The EagleBank reported 24 jobs and $486,500 was used to fund payroll.

Institute for market transformation is New Business or 2 years or less

PPP Loan Search / DC / WASHINGTON / Institute for market transformation

INSTITUTE FOR MARKET TRANSFORMATION

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

INSTITUTE FOR MARKET TRANSFORMATION

Borrower Address

1707 L STREET NW SUITE 1050

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20036

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

486500.00

Current Approval Amount

486500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122873

Servicing Lender Name

EagleBank

Servicing Lender Address

7815 Woodmont Ave

Servicing Lender City

BETHESDA

Servicing Lender State

MD

Servicing Lender Zip

20814

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20036-0085

CD

DC-

Jobs Reported

24

NAICS Code

541620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

486500.00

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

122873

Originating Lender

EagleBank

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

492148.81

Forgiveness Date

06/22/2021

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