PPP Loan information for Institute for policy studies

$466,400

Institute for policy studies was initially approved for PPP Loan of amount $466,400, the current approved amount is $466,400. The loan was approved on 05/01/2020 by The Newtek Small Business Finance, Inc. reported 39 jobs and $466,400 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

05/01/2020

SBA Office Code

0353

Processing Method

PPP

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

01/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

466400.00

Current Approval Amount

466400.00

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

39

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

466400.00

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

473538.51

Forgiveness Date

12/08/2021

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