PPP Loan information for Rails to trails conservancy

$845,288

Rails to trails conservancy was initially approved for PPP Loan of amount $845,288, the current approved amount is $845,288. The loan was approved on 04/10/2020 by The Truist Bank reported 44 jobs and $845,288 was used to fund payroll.

Rails to trails conservancy is Existing or more than 2 years old

RAILS TO TRAILS CONSERVANCY

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

RAILS TO TRAILS CONSERVANCY

Borrower Address

2121 WARD CT NW 5th FLOOR

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20037-1209

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

845287.67

Current Approval Amount

845287.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

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

20037-1209

CD

DC-

Jobs Reported

44

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

845287.67

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

840369.00

Forgiveness Date

12/03/2020

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