PPP Loan information for Institute for policy studies

$481,000

Institute for policy studies was initially approved for PPP Loan of amount $481,000, the current approved amount is $481,000. The loan was approved on 02/13/2021 by The Newtek Small Business Finance, Inc. reported 34 jobs and $481,000 was used to fund payroll.

Institute for policy studies is Existing or more than 2 years old

PPP Loan Search / DC / Washington / Institute for policy studies

INSTITUTE FOR POLICY STUDIES

Date Approved

02/13/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

INSTITUTE FOR POLICY STUDIES

Borrower Address

1301 Connecticut Ave NW

Borrower City

Washington

Borrower State

DC

Borrower Zip

20036-1815

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

481000.00

Current Approval Amount

481000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

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

20036-1815

CD

DC-

Jobs Reported

34

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

480998.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

486731.92

Forgiveness Date

05/05/2022

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