PPP Loan information for R street institute

$1,148,300

R street institute was initially approved for PPP Loan of amount $1,148,300, the current approved amount is $1,148,300. The loan was approved on 04/09/2020 by The Sandy Spring Bank reported 61 jobs and $1,148,300 was used to fund payroll.

R street institute is Existing or more than 2 years old

R STREET INSTITUTE

Date Approved

04/09/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

R STREET INSTITUTE

Borrower Address

1212 New York Ave NW Suite 900

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20005-3905

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1148300.00

Current Approval Amount

1148300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

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

20005-3905

CD

DC-

Jobs Reported

61

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1148300.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1160412.21

Forgiveness Date

05/11/2021

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